Not quite a month after Lippert Components acquired Trans/Air Manufacturing, the company announced it is adding Freedman Seating Company to its school transportation portfolio.

Lippert, a subsidiary of LCI Industries, announced Tuesday it acquired all the business assets of Freedman, an Illinois-based manufacturer of transportation seating solutions. The terms of the deal were not disclosed at this report.

Freedman has been a family-owned company since 1884, providing a variety of seating solutions to the bus, rail, marine, delivery truck, specialty and commercial vehicle markets. Following the acquisition, a press release states the seating operations will continue out of Chicago for the foreseeable future.

Dan Cohen, president of Freedman, told School Transportation News that over the years, many companies have expressed interest in acquiring Freedman Seating.

“We’ve always listened, but we’ve been very deliberate about saying no when it didn’t feel like the right fit,” he said. “It was never just about selling the business. It was about finding a partner who shares our business values, who respects the culture we’ve built and who sees the same potential in our people and products. After thoughtful conversations and a lot of due diligence, we’re excited we’ve found that partner in Lippert. This acquisition gives us the opportunity to build on our legacy, expand our reach and invest even more in our team.”

Cohen said Lippert shares many of the same principles that have guided Freedman for generations. These principles include a focus on quality, long-term growth and putting people first. Lippert is also a family-owned business dating to 1959.

“Under their umbrella, we’ll have greater resources to pursue new markets, improve customer experience and develop new products, all while continuing to invest in the incredible people that made this possible,” he continued.

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Cohen noted that for the most part, Freedman will do business as usual. There will be title changes due to the corporate structure, but the entire management team is staying on with Lippert.

“Customers should expect to receive the same great quality and service they have for over 130 years with new benefits coming from our being part of a larger organization with greater resources,” Cohen added.

Meanwhile, Ryan Smith, group president of Lippert’s North American OEM operations, said in a press release that Freedman is a welcome addition to the Lippert family.

“Between the two companies, we have almost 200 years combined of family leadership and there’s not too many organizations that can claim that,” he continued. “We’re excited to add Freedman’s seating line to our growing portfolio of bus and transportation vehicle products and with our combined leadership teams we will be able to offer a better-than-ever customer experience to our partners in these industries.”

The post Lippert Grows School Transportation Reach with Acquisition of Freedman Seating appeared first on School Transportation News.

Party hats were compulsory headgear at VW’s Zwickau plant in eastern Germany this week. The factory produces six different EVs for various VW Group brands and just built its millionth electric car, an ID.3 GTX hot hatch. But Zwickau’s busy production lines are causing a headache for the bean counters at VW’s Wolfsburg HQ.

The problem is that EVs are expensive to build and deliver smaller margins than equivalent combustion-powered cars. And while electric sales doubling in Europe in the first quarter of 2025 is something to celebrate, some of those sales come at the expense of ICE sales.

Related: VW ID.2 Might Have A Shot In America, But ID.1 Is ‘Highly Unlikely’

As EVs take up a greater proportion of the sales mix – they accounted for one in five VW Group cars in Jan-March – they push profitability down, reducing the margin to 4 percent. And the withdrawal of EV subsidies in many European countries means VW can’t lean on government incentives to allow them to charge more.

But there is light at the end of the tunnel in the form of the VW ID.2 and its various spinoffs and related EVs. The €25k ($28k) ID.2, which will be built in Spain, goes on sale in 2026 and should be one of the first Western-built EVs to return margins close to an ICE car’s. The baby VW and its sister SUV, plus the Cupra Raval and Skoda Epiq use a new front-wheel drive version of the MEB platform that costs less to produce.

Earlier this month VW revealed that earnings before tax were down 40 percent to €3.1 billion ($3.5 bn) in Q1 even as deliveries increased by 1.4 percent. The company’s finance chief Arno Antlitz partly attributes this to EVs taking a bigger slice of the sales pie.

But President Trump’s tariffs threaten to throw an even bigger spanner in the VW Group’s plans. The constantly-changing US import tariff situation is making it harder for automaker to make financial forecasts for the rest of the year, but VW, which is badly exposed due to Audi and Porsche’s lack of US production sites, has already downgraded primed investors to expect a less successful year than previously anticipated.