MOTOR COACH INDUSTRIES INTERNATIONAL INC
NT 10-Q, 2000-11-15
MOTOR VEHICLES & PASSENGER CAR BODIES
Previous: NVR INC, 8-K, EX-99.2, 2000-11-15
Next: HI RISE RECYCLING SYSTEMS INC, NT 10-Q, 2000-11-15




                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549

                                FORM 12b-25

                                  Commission File Number:    1-12208
                                                          --------------

                        NOTIFICATION OF LATE FILING

|_| Form 10-K   |_| Form 11-K   |_| Form 20-F   |X| Form 10-Q  |_| Form N-SAR


      For Period Ended:  September 30, 2000
                        -----------------------------------------------------

|_| Transition Report on Form 10-K
|_| Transition Report on Form 10-Q
|_| Transition Report on Form 20-F
|_| Transition Report on Form N-SAR
|_| Transition Report on Form 11-K

      For Transition Period Ended:  Not applicable
                                   ------------------------------------------

      Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.

      If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates: Not applicable
                                                        -------------------

                                   PART I
                           REGISTRANT INFORMATION

Full name of registrant:  Motor Coach Industries International, Inc.
                         ----------------------------------------------------

Former name, if applicable:  Not Applicable
                            -------------------------------------------------

Address of principal executive office:  1700 East Golf Road
                                       --------------------------------------

City, state and zip code:  Schaumburg, Illinois 60173
                          ---------------------------------------------------


                                  PART II
                          RULE 12b-25 (b) AND (c)

      If the subject report could not be filed without unreasonable effort
or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate.)

       (a)   The reason described in detail in Part III of this form could
             not be eliminated without unreasonable effort or expense;

       (b)   The subject annual report, semi-annual report, transition
             report on Form 10-K, 20-F, 11-K or Form N-SAR, or portion
|X|          thereof will be filed on or before the 15th day following the
             prescribed due date; or the subject quarterly report or
             transition report on Form 10-Q, or portion thereof will be
             filed on or before the fifth calendar day following the
             prescribed due date; and

       (c)   The accountant's statement or other exhibit required by Rule
             12b-25(c) has been attached, if applicable.

                                  PART III
                                 NARRATIVE

      State below in reasonable detail the reasons why Form 10-K, 11-K,
20-F, 10-Q, N-SAR or the transition report portion thereof could not be
filed within the prescribed time period.

      Motor Coach Industries International, Inc. (the "Company") is unable
to complete the required analysis of its results of operations for the
fiscal quarter ended September 30, 2000 prior to November 14, 2000. As a
result, the Company is not in a position to file timely its Quarterly
Report on Form 10-Q for the fiscal quarter ended September 30, 2000. The
Company will file its Quarterly Report on Form 10-Q within the five
calendar day period following the prescribed due date as permitted by Rule
12b-25(b)(2) promulgated under the Securities Exchange Act of 1934, as
amended.

                                  PART IV
                             OTHER INFORMATION

      (1)  Name and telephone number of person to contact in regard to this
notification:

Horst Sieben                         (847)        285-2000
----------------------------------------------------------------------------
(Name)                              (Area Code) (Telephone Number)

      (2) Have all other periodic reports required under Section 13 or
15(d) of the Securities Exchange Act of 1934 or Section 30 of the
Investment Company Act of 1940 during the preceding 12 months or for such
shorter period that the registrant was required to file such report(s)
been filed? If the answer is no, identify report(s).

                                                    |X|  Yes   |_| No

      (3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report
or portion thereof?

                                                     |X| Yes   |_| No

      If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why
a reasonable estimate of the results cannot be made.

      On October 6, 2000, the Company announced that it expected third
quarter results to be materially lower than previously anticipated. During
the last two weeks of September, the Company experienced unanticipated
quality and delivery problems with some of its component part suppliers
which resulted in the Company's inability to deliver coaches originally
scheduled for delivery during the quarter. The Company also announced that,
in response to softer market conditions that are expected to continue into
2001, it is conducting a review of all of its operations with the intention
of announcing a restructuring plan for its operations during the fourth
quarter. Because the Company has not completed the required analysis for
its results of operations for the third quarter ended September 30, 2000,
the Company cannot provide a reasonable estimate of the quantitative
changes to be made to its results of operations.

                 Motor Coach Industries International, Inc.
----------------------------------------------------------------------------
                (Name of Registrant as Specified in Charter)

Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date: November 15, 2000          By:  /s/ Horst Sieben
      --------------------           ----------------------------------
                                          Horst Sieben
                                          Chief Financial Officer



© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission