Allied Specialty Vehicles Announces Exclusive Partnership with Westport for Natural Gas Alternative Fuel System
System offered as option on ASV's Type A school buses to expand to other vehicle lines
ORLANDO, Fla., April 23, 2015 /PRNewswire/ -- Allied Specialty Vehicles (ASV), a leading manufacturer of motor vehicles for commercial, fire & emergency and recreation markets, today announced an exclusive partnership with Westport, a global leader in alternative fuel, low-emissions transportation technologies. The partnership expands the availability of the compressed natural gas (CNG) Westport WiNG™ Power System, currently offered as an option on ASV's Type A school buses manufactured by Collins Bus, to the company's commercial bus, emergency and other vehicle products.
"Our customers are demanding environmentally friendly vehicles powered by clean alternative fuel systems that reduce carbon emissions," said Tim Sullivan, ASV president and CEO. "The ability to expand the availability of the Westport CNG system to other ASV vehicle lines not only demonstrates our commitment to environmental responsibility and sustainability but it also allows us to offer the first factory-certified OEM solution for one-stop installations of alternative fuel systems."
The Westport WiNG™ Power System is a dedicated natural gas fuel system for light-duty specialty vehicles built on Ford truck chassis and backed by a Ford Factory 3-year / 36,000-mile engine and powertrain warranty. As the leading CNG Ford Qualified Vehicle Modifier (QVM), Westport designed its system to meet Ford's original equipment manufacturing (OEM) standards. Westport also conducts rigorous, OEM approved safety testing including extensive simulations and physical crash testing that meets or exceeds OEM and U.S. federal safety standards.
"With the distinct price benefits of natural gas, we're excited to offer a CNG powered product across multiple ASV vehicle platforms," said Paul Shaffer, Westport Dallas vice president. "Historically, prices of alternative fuels, especially CNG, are more stable and generally lower than gas and diesel fuel prices that regularly fluctuate up and down, creating a strategic long-term budgeting advantage for fleet vehicle owners. And while global prices for gasoline and diesel fuels are low right now, there is still strong demand for vehicles with alternative fuel systems such as CNG."
Westport WiNG™ Power Systems are primarily installed in Dallas. However, the systems will be transitioned to ASV factory-certified installations to increase vehicle manufacturing efficiency.
About Allied Specialty Vehicles
Allied Specialty Vehicles (ASV) is a +$1.7 billion manufacturer of industry leading motor vehicle brands serving commercial, fire & emergency and recreation markets. Within the commercial division, ASV offers a full line of buses, terminal trucks, sweepers and mobility conversion vehicles. The fire & emergency division offers a complete line of fire apparatus and ambulance vehicles. Within the recreational vehicle division, the company produces motorized RV's under several of the industry's most iconic brands. For more information about ASV, visit www.alliedsv.com.
About Westport
Westport engineers the world's most advanced natural gas engines and vehicles. More than that, we are fundamentally changing the way the world travels the roads, rails and seas. We work with original equipment manufacturers (OEMs) worldwide from design through to production, creating products to meet the growing demand for vehicle technology that will reduce both emissions and fuel costs. To learn more about our business, visit westport.com, subscribe to our RSS feed, or follow us on Twitter @WestportDotCom.
This release contains forward looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding prospective financial information that is based on assumptions and estimates that are inherently uncertain. Such assumptions and estimates may not be realized and are subject to significant business, economic and competitive risks and uncertainties, including those described in the offering memorandum for our senior secured notes, all of which are difficult to predict and many of which are beyond our control. These and other risks and uncertainties may cause our estimated financial information to materially adversely differ from our actual results. Accordingly, no assurance can be made that we will achieve the results set forth in our estimated financial information, and investors should not place undue reliance on our estimated financial information. Neither the Company's independent auditors, nor any other independent accountants, have compiled, examined or performed any procedures with respect to the prospective financial information contained herein.
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SOURCE Allied Specialty Vehicles
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