|
Optare plc is a leading name in the UK bus and coach industry. The company specialises in the design, manufacture and supply of single and double deck buses, coaches and smaller vehicles, and also offers a comprehensive after sales service.
Optare plc was formed following the acquisition of Jamesstan Investments Ltd by Darwen Holdings plc on 14 July 2008. The company benefits from:
- A comprehensive product offering
- World-class skills including an in-house design capability
- Wide-ranging after sales ability with national reach
- Outstanding operational performance
Historically, Optare utilised traditional diesel-powered technology, and the Directors are increasing both the production and sales of the company's existing products through improved manufacturing processes and the strengthening of the sales team.
The Directors also believe that there is a strong desire from bus operators for a more fuel-efficient, affordable and higher capacity bus, and a lower emission alternative to the traditional diesel-powered vehicles. As a result, Optare's comprehensive product suite is expected to deliver a complete vehicle solution to its customers, and will have at its core a lightweight, diesel-engined vehicle with a low emission hybrid variant.
The Directors believe that growth opportunities for Optare will be fuelled by:
- Operators' need to produce fuel economies and reduce costs and carbon emissions
- Introduction of Low Emission Zones ("LEZs") and congestion charging, which are driving replacement cycles
- Quality incentive contracts, which seek to reduce emissions
- Disability Discrimination Act*
- Demand from operators seeking better integration of manufacturing activities that allow a quicker response to their needs
- Demand for hybrid solutions, notably from Transport for London
More information is available in our news section
|
