The manufacturing industry of the UK got a huge boost after Perth-based public transportation company Stagecoach has received an order of worth £75 million.
The public transport giant has confirmed a key investment for both its Continental European and British fleets along with an initial order of about 430 new vehicles.
Most of the new coaches and buses will be manufactured in the UK, while Falkirk-headquartered Alexander Dennis will receive a bulk work of the project. This order has made the company’s investment in new fleets to cross £445m for the previous 6 years.
More than 380 of these new vehicles will be included in Stagecoach’s local bus service in UK; in the meantime, the company has also ordered 10 double-decker sleeper coaches to be added in its megabus network.
In order to replace older vehicles of the European bus fleet, the company is also purchasing ten left-hand driven coaches too. A sizeable part of this new fleet would be gas powered or low-carbon hybrid vehicles, although the amount of investments in these vehicles will depend on UK’s Green Bus Fund allocation in May, which was recently provided with a £20m support from the government in order to accelerate the energy efficient transport system.
According to Les Warneford, the company’s Bus managing director for UK, this new investment plan is triggered as a result of the commuters continuing interest in choosing public transports rather than private cars. He sees this multi-million pound investment as a New Year gift for the country.
The investment will help in delivering improved services across the country and help the manufacturing industry to sustain. Due to the effect of mounting fuel prices and higher maintaining costs of personal vehicles, motorists are leaning towards public transports. The company is responding accordingly to the commuters increasing trend of switching to smarter, eco-friendly transportation services.