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October 31, 2013 - Industry News

Westport Dropping 15-Liter LNG Engine for North America

Natural gas truck engine producer Westport Innovations plans to stop taking orders for its North American 15-liter model after Nov. 15., citing weak sales.

Tags: Volvo, Cummins, Natural Gas, Natural Gas Vehicles, Liquefied Natural Gas, Engines, Westport, Alternative Fuels & Hybrids

October 2, 2013 - Industry News

Future of Westport 15-Liter is the Talk of Canadian Natural Gas Conference

Westport 15-liter natural gas engine.

Rumors that Westport Innovations was cancelling production of its 15L LNG engine were given wide exposure at the 1st Annual Natural Gas Vehicle Canada Conference on Tuesday.

Tags: Volvo, Natural Gas, Peterbilt, Engines, Westport

August 2, 2013 - Industry News

Westport Reports Net Loss of $33.9 million

Westport Innovations Inc. reported financial results for the second quarter ended June 30, 2013 and provided an update on operations. Westport revenue, excluding joint ventures' revenues, for the quarter ended June 30, 2013 was $34.9 million compared with $49.1 million for the same period last year. The prior quarter period included $14.1 million of service and other revenue recognized under OEM development agreements, including a one-time license revenue of $8.0 million.

Tags: financials, Westport

July 28, 2013 - Industry News

Westport Appoints Nancy Gougarty as President and COO

Westport Innovations announced that Nancy Gougarty has been appointed president and chief operating officer of Westport after resigning her position on the company's board of directors.

Tags: Leadership, Westport

June 28, 2013 - Industry News

Westport Acquires Clean Energy's Natural Gas Vehicle Business

Westport Innovations Inc. announced that it has acquired BAF Technologies Inc. and its subsidiary, ServoTech Engineering Inc., which are both subsidiaries of Clean Energy Fuels Corp. for $25 million in Westport stock.

Tags: Clean Energy Fuels, BAF Technologies, Mergers & Acquisitions, Westport


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