Welcome to our dedicated page for Nfi Group news (Ticker: NFYEF), a resource for investors and traders seeking the latest updates and insights on Nfi Group stock.
NFI Group Inc. (NFYEF) generates frequent news as a propulsion-agnostic bus and coach manufacturer serving mass mobility markets. Company updates often highlight developments in low- and zero-emission buses and coaches, infrastructure and technology initiatives, and activity across its brands, including New Flyer, MCI, Alexander Dennis, Plaxton, ARBOC, and NFI Parts.
Investors and transit industry followers can use this page to review operational updates, contract awards, facility developments, and corporate actions. Recent announcements have included orders for Xcelsior compressed natural gas transit buses, the opening of an Alexander Dennis manufacturing facility in Las Vegas dedicated to Enviro500 double-deck buses, and a joint venture with GILLIG LLC to acquire the assets of American Seating Inc. to strengthen seat supply for transit, motorcoach, and rail applications.
NFI also reports on financial results and capital structure changes, such as quarterly earnings releases, backlog and order metrics, and refinancing activities involving first lien credit facilities and second lien secured notes. These updates provide context on manufacturing and aftermarket segment performance, supply chain conditions, and the share of zero-emission buses in deliveries and backlog.
Other notable news items include information on a North American battery recall affecting certain electric buses equipped with XALT Energy batteries, along with a master settlement agreement intended to support recall costs and expand NFI’s zero-emission platform. Governance and ownership developments, such as amendments to the investment agreement with Coliseum Capital Management, LLC, and CEO transition announcements, are also covered.
By following this NFYEF news feed, readers can track how NFI executes its propulsion-agnostic strategy, manages supply chain and technology issues, and responds to market demand for buses and coaches in North America, the United Kingdom, and other regions where its brands operate.
NFI Group (OTC: NFYEF) announced on Oct 31, 2025 that its subsidiary New Flyer was named Employer of the Year – Large Business by the Alabama Governor’s Committee on Employment of People with Disabilities.
The award, presented Oct 27 in Montgomery, recognizes New Flyer’s commitment to accessibility, partnerships with Anniston community organizations, quarterly team pipeline meetings, and efforts to support employment and career growth for people with disabilities in Alabama.
NFI Group (OTC: NFYEF) and GILLIG formed a 50/50 joint venture, GR Seating, LLC, to acquire the assets of American Seating on October 22, 2025. GR Seating acquired equipment, inventory, brand, and intellectual property and will operate American Seating’s Grand Rapids, Michigan facilities under the existing name while maintaining the partnership with the UAW and UAW Local No. 135.
Each manufacturer will hold 50% of the JV and board representation; an independent third-party management team will run day-to-day operations. The JV committed to dedicated investments to improve throughput, delivery timelines, and aftermarket support to stabilize operations and secure the transit seat supply chain.
NFI Group (OTC: NFYEF) will release its Q3 2025 financial results on Thursday, November 6, 2025 after market close and will host a conference call and webcast on Friday, November 7, 2025 at 7:30 a.m. ET.
Investors can join via webcast without registration at https://edge.media-server.com/mmc/p/4d6kaumk; a results presentation will be posted at www.nfigroup.com and questions can be submitted through the webcast platform. Phone participants must pre-register at https://register-conf.media-server.com/register to receive call-in details by email.
A replay will be available from about 12:00 p.m. ET on November 7, 2025 through 11:59 p.m. ET on November 7, 2026 at the webcast link, and additional materials will be posted on the company website.
NFI Group (OTC: NFYEF), a leading bus and coach solutions provider, announced operational challenges in Q3 2025, including a significant battery recall affecting approximately 680 delivered buses. The company reported delivery delays shifting to Q4 2025, primarily due to the battery recall, zero-emission bus timing issues, and ongoing seat supply challenges.
Despite these setbacks, NFI maintains a strong backlog of $13.5 billion as of June 30, 2025, and expects Q4 to be a significant contributor to its 2025 financial performance. The company maintains its guidance to deliver approximately 60% of annual Adjusted EBITDA ($320-360 million) in H2 2025. NFI will record a material warranty provision in Q3 2025 related to the battery recall but maintains strong total liquidity of over $370 million.
NFI Group Inc. (OTC: NFYEF), a leader in bus and coach mobility solutions, has released its 2024 Sustainability Report highlighting the company's environmental, social, and operational achievements. The report, structured around NFI's Sustainability Pledge of "A Better Product. A Better Workplace. A Better World," reveals significant progress in sustainable transportation.
Key highlights include a record number of zero-emission bus deliveries, representing 23% of total deliveries, and a substantial $12.9 million investment in employee development with over 365,000 training hours. The company expanded its Community Benefits Framework across all subsidiaries and strengthened partnerships with United Way agencies across 21 North American communities.
NFI Group's (OTC: NFYEF) subsidiary Alexander Dennis has officially opened its new U.S. manufacturing facility in Las Vegas, marking a significant milestone as the only facility manufacturing double-deck buses in the United States. The company has invested $15.3 million in the facility, which will initially create over 115 local jobs.
The facility celebrated its launch by delivering the first two of 10 new Enviro500 double deck buses to the Regional Transportation Commission of Southern Nevada (RTC). The facility's current production rate is one bus per week, with plans to increase to 1.5 buses weekly through 2026, enabling production of 75 vehicles annually. Alexander Dennis has already spent $5.5 million with local suppliers over the past year, and the buses are Buy America compliant with over 70% U.S.-sourced components.
NFI Group (OTC: NFYEF) reported its Q2 2025 results, showing improvements across key metrics. Revenue increased 2.0% to $868.2 million, with gross profit up 14.6% to $116.2 million. The company delivered 1,076 equivalent units, with 30.9% being zero-emission buses.
The quarter saw a net loss of $160.8 million ($1.35 per share), primarily due to non-recurring items totaling $167.6 million. Adjusted EBITDA grew 19.2% to $70.8 million. The company's backlog reached $13.5 billion, up 14.4% year-over-year, with zero-emission buses representing 35.3% of total backlog units.
NFI completed a significant refinancing, including a new $700 million revolving credit facility and $600 million in secured notes, improving total liquidity to $326.7 million. The company maintained its 2025 guidance, projecting revenue of $3.8-4.2 billion and Adjusted EBITDA of $320-360 million.
NFI Group (OTC:NFYEF) announced that its subsidiary New Flyer has received a firm order from the Regional Transportation Commission of Southern Nevada (RTC) for 46 Xcelsior® CNG 40-foot transit buses. The order, supported by Federal Transit Administration funds, is part of a larger contract for up to 129 buses added to New Flyer's backlog in Q1 2025.
The Xcelsior CNG buses will deliver 90% lower nitrogen oxide emissions compared to diesel engines and meet particulate matter requirements without filtration. This order builds on NFI's 30-year partnership with RTC, whose fleet exclusively comprises NFI Group vehicles, including ARBOC and Alexander Dennis buses, serving Clark County's population of over 2.3 million.
NFI Group (OTC:NFYEF) has unveiled a significant upgrade for its Xcelsior CHARGE FC™ 40-foot hydrogen fuel cell-electric bus, introducing an optional four-tank-module that extends the vehicle's range by up to 120 miles. The enhancement adds 17.5 kilograms of additional onboard fuel capacity, representing a 50% increase.
The technology has been successfully implemented by Humboldt Transit Authority in northern California, demonstrating exceptional performance on challenging routes. The enhanced Xcelsior CHARGE FC features include a lighter fuel cell power module, recyclable high-power batteries, improved waterproof battery enclosures, and a more efficient electric drive system with up to 90% energy recovery.
NFI Group Inc. (OTC: NFYEF) has secured a significant contract from Suffolk County Transit for up to 132 next-generation buses over five years. The order comprises 92 Xcelsior® hybrid-electric 35-foot buses and 40 Xcelsior CHARGE NG™ battery-electric 40-foot buses, marking Suffolk County's initial move toward a more energy-diverse fleet.
The contract builds upon an existing partnership, with Suffolk County Transit already operating 73 New Flyer Xcelsior® hybrid-electric buses. The new vehicles will be manufactured in the United States, featuring a common platform that enables shared parts, tools, and training across hybrid and battery-electric models, optimizing operational efficiency.