REV Group

Say Hello to Luxury on Wheels: MD Trans Sprinter, the number one dealer in St. Louis for Luxury Sprinter Van Sales Celebrating Grand Opening

Retrieved on: 
Thursday, August 10, 2023
ST, Travel, Life, Crèvecœur, REV Group, BBB, Customer service, Mercedes-Benz Sprinter, Creve Coeur, Missouri, Climate, Sprinter, Transport, Safety, Commerce, Retail, RV

ST. LOUIS, Aug. 10, 2023 /PRNewswire-PRWeb/ -- The future of high-capacity luxury vehicles has arrived. With the help of MD Trans Sprinter, customers can now convert top-of-the-line Mercedes-Benz Sprinter vans into spacious, luxurious, and sophisticated transportation and living arrangements.

Key Points: 
  • With the help of MD Trans Sprinter, customers can now convert top-of-the-line Mercedes-Benz Sprinter vans into spacious, luxurious, and sophisticated transportation and living arrangements.
  • With the help of MD Trans Sprinter, customers can now convert top-of-the-line Mercedes-Benz Sprinter vans into spacious, luxurious, and sophisticated transportation and living arrangements.
  • MD Trans Sprinter has reimagined the luxury van industry, offering unparalleled individualized customization for every discerning customer.
  • Keep reading to explore how MD Trans Sprinter is transforming the future of the luxury vehicle market with innovative and versatile transportation solutions.

Rev Group, Inc. Reports Strong Second Quarter Results, Updates Fiscal 2023 Outlook, Announces a New $175 Million Share Repurchase Authorization

Retrieved on: 
Thursday, June 8, 2023
Automotive Manufacturing, Automotive, Manufacturing, Trucking, Transport, Other Automotive, General Automotive, Public Safety, Recreational Vehicles, Performance & Special Interest, Public Policy, Government, Recreation, Savannah Fire & Emergency Services, REV Group, Capital expenditure, Share repurchase, REVG, Trade working capital, GAAP, EBITDA, Fire, Capital, ABL, Commercial, NYSE, Textile, Bookkeeping, Retail, Adjustment

Adjusted EBITDA in the second quarter 2023 was $41.9 million, compared to $23.8 million in the second quarter 2022.

Key Points: 
  • Adjusted EBITDA in the second quarter 2023 was $41.9 million, compared to $23.8 million in the second quarter 2022.
  • Fire & Emergency (F&E) segment net sales were $283.1 million in the second quarter 2023, an increase of $38.1 million, or 15.6%, from $245.0 million in the second quarter 2022.
  • Recreation segment net sales were $256.6 million in the second quarter 2023, an increase of $15.6 million, or 6.5%, from $241.0 million in the second quarter 2022.
  • Capital expenditures in the second quarter 2023 were $6.8 million compared to $4.0 million in the second quarter 2022.

Foothill Transit Orders 19 ENC Zero-Emission Axess® EVO-FC™ Hydrogen Fuel Cell Buses

Retrieved on: 
Thursday, May 25, 2023
General Automotive, Fleet Management, Automotive Manufacturing, EV, Electric Vehicles, Manufacturing, Other Transport, Alternative Vehicles, Fuels, Automotive, Vehicle Technology, Transport, Environment, Sustainability, Public Transport, Green Technology, Hydrogen, ElDorado National, Pomona Valley, Axess, Multimedia, ENC, REV Group, Foothill Transit, Water, BAE, FTA, Cybook Gen3

ElDorado National (California) or ENC, a subsidiary of REV Group,Inc., and an industry leader in heavy-duty transit buses and emission-free technology, secured an order for 19 Axess EVO-FC hydrogen fuel cell buses from California public transit provider, Foothill Transit.

Key Points: 
  • ElDorado National (California) or ENC, a subsidiary of REV Group,Inc., and an industry leader in heavy-duty transit buses and emission-free technology, secured an order for 19 Axess EVO-FC hydrogen fuel cell buses from California public transit provider, Foothill Transit.
  • View the full release here: https://www.businesswire.com/news/home/20230525005535/en/
    ElDorado National (California) or ENC, an industry leader in heavy-duty transit buses and emission-free technology, secured an order for 19 Axess EVO-FC hydrogen fuel cell buses from California public transit provider, Foothill Transit.
  • “The Axess EVO-FC is the perfect addition to Foothill Transit’s zero-emissions fleet,” said Mike Ammann, Vice President of Sales, ENC.
  • “ENC continues to lead the industry in next-generation alternative fuel buses that help transit authorities across the country operate in a more sustainable way.”
    ENC is currently taking orders for the Axess EVO-FC and its entire line of zero emissions buses.

REV Group to Release Second Quarter 2023 Earnings on Thursday, June 8, 2023

Retrieved on: 
Tuesday, May 23, 2023
Automotive Manufacturing, State, Local, Manufacturing, Law Enforcement, Emergency Services, Other Automotive, Recreational Vehicles, Other Transport, Performance & Special Interest, Trucking, Public Policy, Government, Fleet Management, Transport, Other Manufacturing, Aftermarket, Automotive, Logistics, Supply Chain Management, Webcast, Eastern Time Zone, Conference, NYSE, REV Group, REVG, Rare-earth element, Internet service provider, Broadcasting

REV Group (NYSE: REVG), today announced that it is planning to release its second quarter fiscal 2023 results before market open on Thursday, June 8, 2023.

Key Points: 
  • REV Group (NYSE: REVG), today announced that it is planning to release its second quarter fiscal 2023 results before market open on Thursday, June 8, 2023.
  • The results will be discussed during a live webcast later that morning on June 8, 2023, beginning at 10:00 a.m.
  • The conference call can also be accessed by dialing 1-877-407-9208 (domestic) or 1-201-493-6784 (international) and asking for the REV Group Second Quarter Fiscal 2023 Earnings Conference Call.
  • The telephonic replay will be available until 11:59 pm (Eastern Time) on June 22, 2023.

REV Group Appoints Mark Skonieczny as Chief Executive Officer

Retrieved on: 
Thursday, May 18, 2023
Aftermarket, Automotive, Transportation, General Automotive, Travel, Other Manufacturing, Alternative Vehicles, Fuels, Public Transport, Vehicle Technology, Engineering, Transport, Automotive Manufacturing, Manufacturing, Other Automotive, Recreational Vehicles, Performance & Special Interest, Fleet Management, REV Group, Interim, Adient, NA, REV, Johnson Controls, CFO, Knowledge, Market for corporate control, NYSE, REVG, Corporate development, Management, Finance

REV Group, Inc. (NYSE:REVG), a leading designer and manufacturer of specialty vehicles, announced the appointment of Mark Skonieczny as President and Chief Executive Officer, effective immediately.

Key Points: 
  • REV Group, Inc. (NYSE:REVG), a leading designer and manufacturer of specialty vehicles, announced the appointment of Mark Skonieczny as President and Chief Executive Officer, effective immediately.
  • Previously, Mr. Skonieczny had served as Interim CEO and Chief Financial Officer.
  • “We are pleased that Mark will continue to lead the company,” said Paul Bamatter, Chairman of REV Group’s Board of Directors.
  • The Board has great confidence in Mark and believes that under his continued leadership REV Group will accelerate its transformation.”
    Mr. Skonieczny added, “I look forward to serving as President and CEO at this pivotal time for REV Group.

Capacity Trucks® to Debut Zero Emissions Electric Terminal Truck at ACT Expo

Retrieved on: 
Monday, May 1, 2023
Green Technology, Automotive Manufacturing, Other Transport, Trucking, Manufacturing, Vehicle Technology, Environment, Batteries, Transport, Automotive, EV, Electric Vehicles, Logistics, Supply Chain Management, Technology, Alternative Vehicles, Fuels, Alternative Energy, Energy, Other Manufacturing, General Automotive, Performance & Special Interest, Lithium, ACT, Hydrogen, REV Group, Multimedia, TMC, Capacity, Emission intensity, Hyster-Yale Materials Handling, NYSE, REVG, Electric battery

Capacity Trucks, a subsidiary of REV Group, Inc. (NYSE: REVG), will debut its new Zero Emissions Lithium-Ion powered terminal truck at the upcoming Advanced Clean Transportation (ACT) Expo, May 2 - 4, in Anaheim, California.

Key Points: 
  • Capacity Trucks, a subsidiary of REV Group, Inc. (NYSE: REVG), will debut its new Zero Emissions Lithium-Ion powered terminal truck at the upcoming Advanced Clean Transportation (ACT) Expo, May 2 - 4, in Anaheim, California.
  • View the full release here: https://www.businesswire.com/news/home/20230501005709/en/
    Capacity Trucks, a subsidiary of REV Group, Inc. (NYSE: REVG), will debut its new Zero Emissions Lithium-Ion powered terminal truck at the upcoming Advanced Clean Transportation (ACT) Expo, May 2 - 4, in Anaheim, California.
  • (Photo: Business Wire)
    This new electric terminal truck is the latest in Capacity’s zero emissions line of products designed for port, intermodal and distribution/warehouse applications.
  • “The new EV terminal truck is an exciting addition to our growing line of zero emissions products.”
    The Zero Emissions Lithium-Ion powered truck will be on display at Capacity’s ACT Expo booth #6788.

Available for Orders: Collins Bus All Electric Ford E-Transit Type A School Bus

Retrieved on: 
Monday, May 1, 2023
Automotive Manufacturing, EV, Electric Vehicles, Automotive, Manufacturing, Public Transport, Transport, Other Automotive, Alternative Vehicles, Fuels, Alternative Energy, Energy, Fleet Management, ACT, Collins Industries, Ford, Multimedia, REV Group, Type, Wheelchair, SCCA Spec Racer Ford Pro Series, Environment, Safety, Rail transport

Collins Bus , a subsidiary of REV Group, Inc. , and an industry leader in manufacturing Type A School Buses, Multi-Function School Activity Buses (MFSAB), childcare buses and electric/alternative fuel buses announces its zero-emissions Ford E-Transit Type A School Bus is available for orders starting Monday, May 1st.

Key Points: 
  • Collins Bus , a subsidiary of REV Group, Inc. , and an industry leader in manufacturing Type A School Buses, Multi-Function School Activity Buses (MFSAB), childcare buses and electric/alternative fuel buses announces its zero-emissions Ford E-Transit Type A School Bus is available for orders starting Monday, May 1st.
  • View the full release here: https://www.businesswire.com/news/home/20230501005386/en/
    Collins Bus, a subsidiary of REV Group, Inc., and an industry leader in manufacturing Type A School Buses, Multi-Function School Activity Buses (MFSAB), childcare buses and electric/alternative fuel buses announces its zero-emissions Ford E-Transit Type A School Bus is available for orders starting Monday, May 1st.
  • E-Transit is the first Type A School Bus on an electric powertrain from a full-line automaker.
  • (Photo: Business Wire)
    E-Transit is the first Type A School Bus on an electric powertrain from a full-line automaker.

ENC Receives Order for Three Zero Emissions Axess® EVO-FC™ Hydrogen Fuel Cell Buses From Rochester-Genesee Regional Transportation Authority (RGRTA)

Retrieved on: 
Monday, March 27, 2023
Public Transport, Alternative Vehicles, Fuels, Other Transport, Automotive, Transport, Automotive Manufacturing, Alternative Energy, Manufacturing, Energy, Fleet Management, Hydrogen, ElDorado National, Low, Rochester-Genesee Regional Transportation Authority, Axess, Multimedia, ENC, REV Group, ENC Axess, Federal Transit Administration, Battery electric bus, Water, BAE, RGRTA, FTA, Formula E Gen3, Renewable energy

ElDorado National (California) or ENC, a subsidiary of REV Group, Inc., and an industry leader in heavy-duty transit buses and emission-free technology, secured an order for three Axess EVO-FC zero emissions hydrogen fuel cell buses from Rochester-Genesee Regional Transportation Authority.

Key Points: 
  • ElDorado National (California) or ENC, a subsidiary of REV Group, Inc., and an industry leader in heavy-duty transit buses and emission-free technology, secured an order for three Axess EVO-FC zero emissions hydrogen fuel cell buses from Rochester-Genesee Regional Transportation Authority.
  • View the full release here: https://www.businesswire.com/news/home/20230323005480/en/
    Rochester-Genesee Regional Transportation Authority has ordered three ENC Axess EVO-FC buses, which only have water as a byproduct.
  • The transportation provider received funding for its Axess EVO-FC buses through the Federal Transit Administration Low- and No-Emission program.
  • The transportation provider received funding for its Axess EVO-FC buses through the Federal Transit Administration Low- and No-Emission program.

Modine Provides Thermal Management for REV Fire Group's All-Electric Fire Truck, the Vector™

Retrieved on: 
Tuesday, March 21, 2023
REV Group, Vector, Partnership, EV, ECP, Electronics, New product development, KME, Temperature, REV, Kilowatt-hour, Engineering, Transport, NYSE, REVG, Renewable energy, Electric motor, Modine

RACINE, Wis., March 21, 2023 /PRNewswire/ -- The unique needs of specialty vehicles like fire and emergency service vehicles must be met for the full benefit of zero-emission transportation solutions to be realized. To that end, Modine Manufacturing Company (NYSE: MOD, "Modine"), a leader in thermal management technology and solutions, today announced an expansion of its partnership with REV Group, Inc. (NYSE: REVG) and its fire apparatus manufacturing brands E-ONE, KME, Ferrara and Spartan Emergency Response. Modine will supply its EVantage™ thermal management systems for the Vector™, the first North American-style all-electric fire truck.

Key Points: 
  • Purpose-built thermal management solutions from Modine keep EV systems in optimal temperature ranges for REV Group's fire apparatus brands E-ONE, KME, Ferrara and Spartan Emergency Response.
  • Modine will supply its EVantage™ thermal management systems for the Vector™, the first North American-style all-electric fire truck.
  • Each Vector fire truck will be equipped with the complete suite of Modine thermal management systems, including the EVantage Battery Thermal Management System (BTMS), Electronics Cooling Package (ECP), and cabin heating and cooling circuits.
  • We are thrilled to continue cultivating our relationship as we supply REV Group fire trucks with our advanced thermal technology."

REV Group, Inc. Reports First Quarter Results and Updates Fiscal 2023 Outlook

Retrieved on: 
Wednesday, March 8, 2023
Aftermarket, Automotive, Automotive Manufacturing, Recreational Vehicles, General Automotive, Performance & Special Interest, Manufacturing, Off-Road Trucks & SUVs, Fire, NYSE, Capital, Commercial, REVG, REV Group, Sale, GAAP, EBITDA, Recreation, Capital expenditure, Trade working capital, ABL, Bookkeeping, Video game, Retail, Adjustment

REV Group, Inc. (NYSE: REVG), a manufacturer of industry-leading specialty vehicles, today reported results for the three months ended January 31, 2023 (“first quarter 2023”).

Key Points: 
  • REV Group, Inc. (NYSE: REVG), a manufacturer of industry-leading specialty vehicles, today reported results for the three months ended January 31, 2023 (“first quarter 2023”).
  • Adjusted EBITDA in the first quarter 2023 was $21.3 million, compared to $18.3 million in the first quarter 2022.
  • F&E segment net sales were $229.3 million in the first quarter 2023, a decrease of $8.1 million, or 3.4%, from $237.4 million in the first quarter 2022.
  • Capital expenditures in the first quarter 2023 were $3.8 million compared to $4.5 million in the first quarter 2022.