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Greyhound Policy Change?

7th December 1962
Page 55
Page 55, 7th December 1962 — Greyhound Policy Change?
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Which of the following most accurately describes the problem?

I T is reported that the Greyhound Corporation, the largest bus or coach operator in the United States, with 5,600 vehicles operating over 109.000 routemites, may be departing from its longestablished policy of buying all its rolling stock from the General Motors Corporation. Greyhound has been under Government pressure to do so for some time under anti-monopoly legislation.

The new source for some of the future Greyhound requirements is believed to be Motor Coach Industries Ltd., which is a division of the operating company's Canadian subsidiary. This concern is building a plant at Pembina, North Dakota, which is close to its existing plant across the Canadian border in Winnipeg. To be in production next summer, • it is expected to raise the production capacity of the company to 250 vehicles per annum. • This year the Greyhound purchase from G.M. (General Motors) amounted to 509 vehicles at a previously announced price of $44,000 each. The Motor Coach Industries vehicles are cxnected to cost $50.000 each, using GM diesel engines.

Greyhound's largest CompeCtion, Con'inental Trailways, is now importing coaches. again with GM engines, from Belgium, where a special plant has been built largely for this purpose.