DB has Selected Siemens for 300 Trains
Deutsche Bahn has selected Siemens AG as its preferred bidder for a €6bn contract to supply 300 trains, part of its plan to renew its high-speed InterCity fleet.

State-owned German rail operator Deutsche Bahn (DB) has selected Siemens AG as the preferred bidder for a €6bn ($8.5bn) contract to supply 300 trains.
According to DB, the order is its biggest-ever investment in vehicles and is part of its plans to renew its entire ageing high-speed InterCity trains fleet.
A new model of locomotives called ICX are set to replace the existing fleet from 2015 onwards.
Final negotiations are underway and DB plans to push the tender process forward quickly in the next few months.
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