Siemens Mobility

Siemens and Alstom announce “merger of equals”

It’s official: Siemens AG and Alstom SA have signed a Memorandum of Understanding “granting exclusivity to combine mobility businesses in a merger of equals.” The combination is largely viewed as a move to remain competitive in a global market in which Chinese rolling stock manufacturers have gained considerable market share. Based on how the merged company, “Siemens Alstom,” will be structured and named, Siemens is the lead company, with 6 of 11 board members.

Siemens+Alstom+Bombardier?

Germany’s Siemens AG and France’s Alstom SA are discussing a merger to create a European rail transportation manufacturing conglomerate to counter growing competition from China, according to a report in the Sept. 23, 2017 Wall Street Journal. Meanwhile, Siemens continues to engage in talks with Canada’s Bombardier, Inc. about merging their railway businesses.

Toronto’s transit travails take a tepid turn

In the wake of Bombardier Transportation’s ongoing problems with light rail vehicles it’s building for various Ontario LRT projects, the purported combination of the railway businesses of Siemens and Bombardier appears to have taken on an interesting twist. This folllows the filing of an official protest letter by Siemens Canada with Ontario’s Transportation Minister over Metrolinx’s awarding of a single-source LRV contract to Alstom.

Bombardier, Siemens considering merger options

Unnamed sources inside Bombardier and Siemens AG have told the Montreal Gazette that the two companies are considering various joint ventures as part of the planned merger of their respective railway divisions.

Sound Transit orders 30 more Siemens LRVs

Sound Transit is expanding its partnership with Siemens with an order for 30 additional light rail vehicles for the regional transit system serving Seattle and the central Puget Sound area.

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