{"id":33878,"date":"2024-11-22T15:58:24","date_gmt":"2024-11-22T14:58:24","guid":{"rendered":"https:\/\/www.sustainable-bus.com\/?p=33878"},"modified":"2024-11-22T16:24:56","modified_gmt":"2024-11-22T15:24:56","slug":"geely-menarinibus-industria-italiana-autobus-stake","status":"publish","type":"post","link":"https:\/\/www.sustainable-bus.com\/news\/geely-menarinibus-industria-italiana-autobus-stake\/","title":{"rendered":"Geely takes a 25% stake in Menarinibus (former Industria Italiana Autobus)"},"content":{"rendered":"\n

Geely<\/strong> takes a 25% stake in Menarini<\/strong> and will provide know-how for the development of 6 and 8-meter e-bus models.<\/p>\n\n\n\n

Geely led Chinese new energy bus market in 2023 (thanks to small-sized vehicles), according to Interact Analysis<\/a>, thanks to sales figures around 75,000 electrified trucks and buses.<\/p>\n\n\n\n

The official announcement arrived on Wednesday 20th November, on the occasion of a meeting between Seri Industrial, owner of the former Industria Italiana Autobus, now Menarini, and the trade unions.<\/p>\n\n\n\n

Reportedly, Geely, majority shareholder of Volvo brand, will also bring to Menarini the know-how for the design of new models, 6 and 8 metre minibuses and midibuses<\/strong>. The “Chinese partner” for Menarini will then not be the formerly mentioned CCIG.<\/p>\n\n\n\n

\n\n<\/div><\/figure>\n\n\n\n

Menarini with Geely<\/h2>\n\n\n\n

Under the relaunch plan, the design activities and spare parts centre will remain at the Bologna site, while the production hub will be in Flumeri (AV)<\/strong>.<\/p>\n\n\n\n

The Civitillo family, at the helm of Seri Industrial, according to local media reports, also illustrated to the trade union secretaries what would be the guidelines of the industrial plan<\/strong> to relaunch production. A production that in these months of uncertainty has gone on apace, but which is expected to produce 468 vehicles<\/strong> per year. <\/p>\n\n\n\n

Italian bus manufacturer Industria Italiana Autobus <\/strong>(IIA), with plants in Bologna and Flumeri, is navigating a turbulent period following its acquisition by Seri Industrial<\/strong> in June 2024. The takeover has sparked concern among political leaders and labor unions, particularly after plans to shut down the Bologna plant emerged in August<\/strong>. <\/p>\n\n\n\n

Industria Italiana Autobus, what a story!<\/h2>\n\n\n\n

A few steps back. Despite a quite good order book, the launch two years ago of the first electric 12-meter<\/a>, the birth in Flumeri of the Industry 4.0 carbon free bus academy, the agreement with Nogebus<\/a> (failed) to sell urban in Spain and Portugal, and the partnership with CaetanoBus for a hydrogen bus<\/a>, Industria Italiana Autobus<\/strong> in the last few year has not been able to deliver vehicles<\/a>. In June 2024, it was officially announced that Seri Industrial, led by Vittorio Civitillo, acquired a 98% stake in IIA<\/strong>, effectively becoming the principal owner of the company, that until then had been owned by state companies Invitalia (43%) and Leonardo (29%) with also Turkish OEM Karsan<\/strong> in the ownership structure with 28%.<\/p>\n\n\n\n

And Seri Industrial<\/strong> has announced on the 16th of October a change in the company name of its subsidiary: IIA goes back to Menarini<\/a>. Which is the name of the bus bodybuilder (founded in 1919) that originated the history of the company that in 2011 became Industria Italiana Autobus.<\/p>\n","protected":false},"excerpt":{"rendered":"

Geely takes a 25% stake in Menarini and will provide know-how for the development of 6 and 8-meter e-bus models. Geely led Chinese new energy bus market in 2023 (thanks to small-sized vehicles), according to Interact Analysis, thanks to sales figures around 75,000 electrified trucks and buses. The official announcement arrived on Wednesday 20th November, […]<\/p>\n","protected":false},"author":1,"featured_media":33879,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[1377,588,1376],"acf":[],"yoast_head":"\nGeely takes a 25% stake in Menarinibus (former Industria Italiana Autobus)<\/title>\n<meta name=\"description\" content=\"Geely takes a 25% stake in Menarinibus and will provide know-how for the development of 6 and 8-meter e-bus models.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.sustainable-bus.com\/news\/geely-menarinibus-industria-italiana-autobus-stake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Geely takes a 25% stake in 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