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Alstom shares came off the rails Thursday, at one point sliding 37%, after the France-based maker of high-speed trains cut its free cash flow forecast amid project delays and inventory build-up.
Alstom SA’s merger with the train-making arm of Siemens AG will mark the end of a bitter rivalry as the European rail industry’s ... Alstom, Siemens Forget High-Speed-Rail Feud Amid Asian ...
Alstom hopes a new train speed record planned for next week will boost its competitive position against German and Japanese rivals, the head of the French engineering group's transport division ...
Amtrak's new Acela trains were supposed to start service in 2021 but they're still undergoing tests. More delays to service entry loom. Skipping the US Travel 2025 🌴 This country's safest A ...
The French train maker introduces the AGV, which took 10 years and $147 million to develop and will link Milan and Naples in 2011. Skip to content.
Alstom offers a complete range of equipment and services, from high-speed trains, metros, trams and e-buses to integrated systems, customised services, infrastructure, signalling and digital ...
CRRC can build a high-speed train for about 20 million euros ($23.44 million), half the price of a European model. Siemens had sought to head off the GE-Alstom deal in 2014 with a proposal that would ...
Alstom has delivered the first refurbished ETR470 Pendolino train to Greek rail transport provider Trainose, marking the arrival of high-speed trains in the country. The delivery was part of a €40m ...
France's Alstom unveiled a new generation of faster high-speed trains on Tuesday in a bid to keep ahead of rivals Siemens and Bombardier in the multi-billion dollar rail transport market.
French engineering group Alstom <ALSO.PA> is working on a new high speed train that will be able to reach a maximum speed of 380 to 400 kilometers per hour, newspaper Les Echos reported, citing an ...
Alstom SA Chief Executive Patrick Kron said Nov. 13 that the loss-making Anglo-French engineering group will continue to lose money this year and next. Alstom "will obviously make a loss in 2004 ...
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