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Third-quarter financial reports from fleets and equipment makers continue to reflect a tepid freight environment.
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Westport Fuel Systems named Nancy Gougarty the company’s chief executive officer, effective immediately to replace the retiring David Demers.
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The work will feature Westport's enhanced spark ignited (ESI) natural gas engine technology and demonstrate "High Frequency Corona Discharge Ignition" on an OEM partner's engine.
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One truck component supplier moved from a profit to a loss in the third quarter of the year while a natural gas engine provider took on more red ink.
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Westport Innovations Inc. has updated its roll-out schedule for its second-generation HPDI 2.0 natural gas vehicle engine injectors with plans to deliver the components to manufacturers in early 2016 and begin testing with fleet customers by the middle of the year, the company announced Nov. 2.
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Westport Innovations and Fuel Systems Solutions have entered into a merger agreement to create a new alternative fuel vehicle and engine company.
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Natural gas engine provider Westport Innovations Inc. said last week it thinned financial losses in the second quarter of the year despite a 30% drop in revenue.
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Natural gas engine and vehicle manufacturer Westport Innovations Inc. on Monday released earnings for the final quarter of last year and all of 2014 showing it lost less money in both periods while revenue declined.
Read More →Cummins Westport has announced changes to its board of directors and management in accordance with the terms of the 50/50 joint venture agreement between Cummins and Westport Innovations. The changes are effective immediately.
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Long development time for next-generation HPDI system, sales uncertainties, and lack of 'comfort' with a customer will reduce revenues this year.
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