Wesport, GAZ Group Partner Toward Developing Gas Systems; WPRT Shares Rise 2%

By
A A A
Share |

Westport Innovations ( WPRT ) has partnered with GAZ Group to design and develop spark-ignited natural gas systems for a new range of GAZ Group compressed natural gas commercial vehicles.

Westport's WP580 Engine Management System will be applied to GAZ's YaMZ-530 4.4L and 6.6L diesel engines and will incorporate Westport proprietary components and technology in the multi-year development and supply agreement signed today. The first products are slated for production in 2014.

Shares of WPRT are up 1.6% to $30.66 in morning trade, amid a 52-week range of $21.93 - $40.40.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: WPRT

MT Newswires

MT Newswires

More from MT Newswires:

Related Videos

Stocks

Referenced

Most Active by Volume

89,970,926
  • $16.15 ▲ 0.12%
77,131,582
  • $58.94 ▼ 1.31%
67,336,935
  • $26.56 ▲ 1.68%
48,814,124
  • $86.20 ▲ 0.02%
47,526,126
  • $23.21 ▲ 0.78%
44,660,424
  • $23.91 ▲ 6.36%
38,799,699
  • $4.289 ▲ 4.36%
36,199,890
  • $40.01 ▼ 0.97%
As of 4/17/2014, 04:07 PM