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 that New Flyer received an order from San Diego MTS for 73 Xcelsior CNG buses (50 forty-foot and 23 sixty-foot), valued at approximately $64 million and recorded as 96 equivalent units in NFI’s firm backlog for the fourth quarter of 2025.
The purchase is an option exercise in year four of a five-year contract originally awarded in 2022. The order supports U.S. manufacturing jobs, complies with Buy America requirements, and aims to replace end-of-life buses with lower-emission CNG models to modernize San Diego’s transit fleet.
NFI (OTC: NFYEF) will release Q1 2026 results on May 7, 2026 after market close and will host a conference call and webcast on May 8, 2026 at 8:30 a.m. ET. The company’s Annual and Special Meeting of Shareholders is set for May 8, 2026 at 11:00 a.m. ET in Toronto with virtual access.
Two independent directors, Daniel Barclay and John Scannell, are nominated to succeed retiring directors Larry Edwards and Katherine Winter. Meeting materials and voting instructions are posted on NFI’s website and the webcast link will host the results presentation and Q&A.
NFI (OTC: NFYEF) announced Rob Marion as President of Motor Coach Industries, effective April 2, 2026. Rob reports to CEO John Sapp and brings three decades at NFI with oversight of 10 facilities and over 2,000 team members.
The move re-establishes MCI as a dedicated business after the 2020 New Flyer–MCI operating unit consolidation; management says the change follows market recovery, new vehicle models, harmonized production lines, and expanded service offerings.
NFI (OTC: NFYEF) said Alexander Dennis will consult on a new Scottish manufacturing strategy to convert Larbert into a chassis manufacturing site and close the legacy Falkirk facility. The plan would retain about 350 roles in Scotland, safeguard ~200 jobs, and place up to 115 roles at risk.
The move follows a September 2025 furlough scheme and does not change NFI's fiscal 2026 guidance.
NFI (OTC: NFYEF) reported record fiscal 2025 results on March 11, 2026, driven by strong deliveries and margin expansion. Q4 revenue was $1,025.1M (+22.5% YoY) and net earnings were $166.0M. Backlog stood at ~$13.0B (15,325 EUs). Liquidity improved to $445.8M and 2026 guidance targets revenue of $3.9B–$4.2B and Adjusted EBITDA of $370M–$410M.
The quarter was materially affected by a $166M Battery Settlement and management expects 2026 improvements while noting tariff and supply‑chain risks.
New Flyer (OTC: NFYEF) announced that Washington Metropolitan Area Transit Authority exercised options for 100 forty-foot buses: 75 Xcelsior hybrid-electric and 25 Xcelsior CHARGE NG battery-electric vehicles.
The purchase is backed by federal, state, local funding and the FTA Low-No grant, replaces end-of-life vehicles, and follows a February 2025 base order of 100 hybrid buses.
NFI (OTC: NFYEF) subsidiary New Flyer confirmed that the Regional Transportation Commission of Southern Nevada (RTC) exercised options for 19 sixty-foot and 31 forty-foot Xcelsior CNG buses, valued at approximately $56 million. The order, included in NFI’s Q4 2025 firm backlog, is part of two five-year contracts, supported by local and Federal Transit Administration funds and meeting Buy America requirements. These low-emission buses will replace end-of-life vehicles for RTC’s roughly 64 million annual riders and offer an estimated range of 350–400 miles per bus.
NFI Group (OTC: NFYEF) and subsidiary New Flyer received an additional order from New Jersey Transit for 375 Xcelsior 40-foot clean-diesel buses on January 29, 2026.
This delivery is part of a multi-phase fleet replacement: the original Q1 2024 contract included a 550-unit base order delivered in three lots and options for 750 additional buses. With this award, NJ TRANSIT has completed its base order; 750 option buses remain available for future procurement.
NFI Group (OTC: NFYEF) will release its fourth quarter 2025 financial results on Wednesday, March 11, 2026 after market close, with a conference call and webcast on Thursday, March 12, 2026 at 8:30 a.m. ET.
Webcast access requires no registration; phone participants must pre-register to receive call-in details. A replay will be available from about 12:00 p.m. ET on March 12, 2026 through 11:59 p.m. ET on March 12, 2027. Presentation materials will be posted at the company website.
NFI Group (TSX: NFI; OTC: NFYEF) announced an amendment to its May 2023 investment agreement with Coliseum Capital Management that allows Coliseum to increase ownership up to 25% of NFI’s issued and outstanding common shares (previous limit 20%).
The flexibility expires no later than December 31, 2026. Coliseum currently holds 23,742,937 shares (~19.9%). NFI will not issue new shares and will receive no proceeds if Coliseum buys additional shares, which would be purchased from existing shareholders. Coliseum has not committed to buy shares and agreed to vote any incremental shares above 19.9% in favour of management and the Board.