New Flyer Congratulates Allison Transmission on its 500,000th 4000 Series™ Transmission

St. Cloud, Minnesota, USA – November 30, 2017: (TSX: NFI) New Flyer of America Inc. (“New Flyer”), the U.S. subsidiary of New Flyer Industries Inc. (“NFI Group”), the largest transit bus and motor coach manufacturer and parts distributor in North America, today congratulated Allison Transmission (“Allison”) on the manufacture and delivery of its 500,000^th 4000 Series™ transmission.

The event was celebrated at New Flyer’s manufacturing facility in St. Cloud, Minnesota, where the 500,000^th transmission was delivered by Allison for installation in an Xcelsior^® clean diesel, sixty-foot heavy-duty transit bus destined for the Alameda-Contra Costa Transit District (“AC Transit”) in California.

“We are proud to mark this achievement with a proven industry leader such as Allison Transmission,” stated Wayne Joseph, President, New Flyer of America. “Today, we celebrate over 40 years of a successful relationship with Allison Transmission that started with New Flyer transit buses, working and innovating the transit industry together. More importantly, we congratulate Allison Transmission on this momentous occasion, which further solidifies its position as the market leader in transmission quality and innovation.”

“We are proud to celebrate the delivery of our 500,000^th 4000 Series transmission to New Flyer,” said Heidi Schutte, Vice President of Marketing and Sales for the Americas with Allison Transmission. “For more than 100 years, we have continuously developed innovative solutions to help customers provide efficient transportation and reduced emissions. We have been able to see this come to life, in working with New Flyer to deliver the most technologically-advanced propulsion solutions to move global communities forward.”

Together, New Flyer and Allison have established a partnership committed to innovation. Since 2003, Allison has delivered more than 8,000 electric hybrid propulsion systems globally, which have accumulated nearly 800 million miles, saving more than 41 million gallons of fuel, and preventing 400 metric tons of carbon dioxide from entering the atmosphere.

The NFI Group has over 50 years of experience in manufacturing zero-emission buses (ZEBs).

About NFI Group

NFI Group is the largest transit bus and motor coach manufacturer and parts distributor in North America, with 31 fabrication, manufacturing, distribution, and service centers across Canada and the U.S. employing over 5,800 team members.

It is North America’s heavy-duty transit bus leader and offers the largest transit bus product line under the brand Xcelsior^®, incorporating the broadest range of drive systems available, including: clean diesel, natural gas, diesel-electric hybrid, trolley-electric, and battery-electric. NFI Group actively supports over 44,000 heavy-duty transit buses (New Flyer, NABI, and Orion) currently in service, of which 6,400 are powered by electric and battery propulsion.

NFI Group is also North America’s motor coach market leader offering the Motor Coach Industries Inc. (MCI) J-Series, the industry’s best-selling intercity coach for 11 consecutive years, and the MCI D-Series, the industry’s best-selling motor coach line in North American history. MCI is also the exclusive distributor of Daimler’s Setra S 417 and S 407 motor coaches in the United States and Canada. MCI actively supports over 28,000 coaches currently in service.

NFI Group also operates North America’s most comprehensive parts organization, NFI Parts™, providing parts, technical publications, training, and support for its OEM product lines (transit buses and motor coaches). All buses and coaches are also supported by an industry-leading comprehensive warranty, service, and support network.

Further information is available on NFI Group websites at www.www.newflyer.com and www.mcicoach.com. The common shares of the NFI Group are traded on the Toronto Stock Exchange under the symbol NFI.

For further information, please contact:

Jon Koffman
Investor Relations
Ph: 320-316-4964