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Ashok Leyland takes Optare stake

Indian bus and truck maker Ashok Leyland is to take a 26 per cent stake worth about £4,8million in Optare, as a part of long-term strategic co-operation between the two companies. The deal will help Ashok Leyland accelerate technology and new product development, and attack new markets.

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Ashok Leyland takes Optare stake

Indian bus and truck maker Ashok Leyland is to take a 26 per cent stake worth about £4,8million in Optare, as a part of long-term strategic co-operation between the two companies.

OFT plans ticketing extension

The OFT is consulting on a proposal to extend the public transport ticketing schemes block exemption.

BRT goes ahead despite appeal

In another twist to the £20million Bus Rapid Transit service linking Gosport and Fareham, a protestor has been granted the right to appeal to the Supreme Court.

Gearing up for Preston sale

Stagecoach will sell its Preston Bus operations, but will be offering a smaller part of its business in the city than previously planned.

Stratford electric Solo trial

A comparative trial between battery-powered and diesel-powered Optare Solos has been running this week on the Stratford-upon-Avon park-and-ride service, operated by Johnsons of Henley-in-Arden.

Axe falling at First Potteries?

First appears to be winding up its First Potteries operation, with its depots in Birkenhead, Chester and Wrexham being transferred to First Manchester, while its Staffordshire fleet will come under the control of First Midlands.

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