Westport Posts Slight Revenue Decline Amid Restructuring
The Vancouver, British Columbia-based fuel system component manufacturer posted net income of $5.8 million, or 33 cents per diluted share, for the three months ending June 30.
Westport Fuel Systems Q1 Loss Widens; Sales Fall, Costs Rise
Losses at Westport Fuel Systems Inc. widened in the first quarter of 2024 on the back of weaker revenue and inflationary cost increases.
Volvo Group, Westport Fuel Systems Advance JV Plans
Volvo Group and Westport Fuel Systems have put the finishing touches on their joint venture and are moving forward with deployment of a high-pressure gas-injection fuel system..
March 12, 2024Westport, Volvo Fuel System to Ink JV Agreements by January
Westport Fuel Systems expects definitive agreements for its high-pressure gas-injection fuel system joint venture with Volvo Group to be signed by the end of January, executives said.
Natural Gas-Fueled Volvo Trucks Set for North American Tests
The first testing of natural gas-fueled European Volvo Group Class 8 trucks on North American roads is set to begin by the end of September, and more imports could be on the way.
Volvo Signs Fuel System JV Deal With Canada’s Westport
Truck manufacturer Volvo Group is set to establish a high-pressure gas-injection fuel system joint venture with Westport Fuel Systems.
Westport Posts Q1 Loss
Westport Fuel Systems Inc. shifted to the red from the black in the first three months of 2023, it said May 9.
Cummins Westport Offers Natural Gas Engine for Medium Duty Trucks
Cummins Westport Inc. said its ISB6.7 G, a 6.7 liter midrange natural gas engine, now is available for medium-duty trucks and vocational applications, more than doubling the engine’s potential market.
December 9, 2016Westport Aligns Board for Merger with Fuel Systems
Vancouver-based Westport Innovations Inc., which engineers natural-gas engines and vehicles, announced a restructuring of its board in preparation for the previously announced merger with Fuel Systems Solutions Inc., which provides natural-gas transportation, infrastructure and industrial products.
November 17, 2015Westport, Fuel Systems Announce Merger
Westport Innovations Inc. and Fuel Systems Solutions Inc., suppliers of technology for natural gas-powered trucks, agreed on a merger valued at $351 million to capitalize on opportunities when alternative fuel markets improve.
September 1, 2015