Stagecoach places orders for £100m of vehicles

Stagecoach has placed “record orders” worth more than £100 million in the next financial year for hundreds of new buses and coaches

A Stagecoach bus in Newcastle
A Stagecoach bus in Newcastle

Stagecoach has placed “record orders” worth more than £100m in the next financial year for hundreds of new buses and coaches.

The Perth-based group has unveiled orders for 568 vehicles in 2014/15. The firm, which describes itself as Britain’s biggest bus and coach operator, said the set of orders was its largest ever and one which will support hundreds of British jobs.

The move takes Stagecoach Group’s total orders of new buses and coaches for its regional UK operations to around £545m in the past seven years, bosses said. The group has also ordered more than £100m of new vehicles for its London bus operations since buying the business in 2010. The latest orders follow an annual competitive tendering process, and the first of the new vehicles will be delivered from spring this year, the firm said. Stagecoach said the vast majority of the new buses and coaches will be produced in the UK, supporting British manufacturing jobs and small businesses.

Group chief executive Martin Griffiths said: “This record investment is a major boost for UK jobs in manufacturing and many other smaller businesses in the supply chain.

“It is also a huge vote of confidence in the future of bus and coach travel in Britain.

“We are investing in quality and continuing to offer best-value travel of any major operator in the UK.’’

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