Thursday, September 12, 2013

AM General To Buy VPG

"AM General, which manufactured the Vehicle Production Group's MV-1 in Indiana until VPG shut down earlier this year, says it's buying the business itself, by buying VPG's U.S. Department of Energy loan.
The MV-1 is also, AM General says, the only vehicle in its class available with a factory CNG fuel option. It "fills a significant void in consumer, government and paratransit fleet markets while providing unsurpassed accessibility and comfort." CNG range is stated at 290 miles.

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