german transportation company flixmobility is buying Greyhound’s bus operations in the U.S. in order to strengthen its position in the country. The purchase price is $140 million cash plus another $32 million to be paid in installments over 18 months. Why is Greyhound closing down? The closure of Greyhound last year, owing to the impact … Read more
COVID-19 caused a 95 percent drop in ridership. Thus, Greyhound reduced service on March 25, 2020 and suspended six routes on April 5, 2020. On May 6, 2020, Greyhound Canada announced it would permanently shut down all its remaining bus services which it did on May 13, 2021. Who bought Greyhound in 2020? German transportation … Read more
What engine is in a Greyhound bus? Powered by detroit diesel ‘s 12V71 engines , these buses came equipped with either four-speed manuals or Allison automatic transmissions. Greyhound’s Ameripass extended-fare program was introduced in 1972. Who bought Greyhound in 2020? German transportation company FlixMobility is buying Greyhound’s bus operations in the U.S. in order to … Read more