American Honda Motor Co., Inc. (Honda) has a minority interest in FuelMaker Corporation and has provided substantial financial assistance to FuelMaker for a number of years.
While efforts continue to consummate the sale of the FuelMaker, considering its financial condition, FuelMaker has been put into receivership. The receiver has authority, among other things, to file an assignment in bankruptcy on behalf of FuelMaker.
Consistent with Honda’s efforts over the past 10 years to advance technology that will make natural gas a viable alternative fuel, it is in the company’s best interests to maintain the sales and servicing of CNG refuelling equipment. Honda plans to continue sales of the Honda Natural Gas Civic GX, the only dedicated natural gas-powered passenger vehicle available from a major automaker in North America.
The aggressive effort to find a purchaser that would support the sales and servicing of natural gas refuelling products in the future has led to negotiations with an entity that embraces this vision. We believe these negotiations are now in the final stages. We are not able to provide further comment about this matter pending finalization of the legal matters involved.
Source;
http://www.vtec.net/news/news-item?news_item_id=826809
Home
» Fuelmaker
» Honda
» Honda Alternative Fuel
» Honda Civic GX
» Honda News
» Honda Responds to Fuelmaker
» Natural Gas for cars
» Honda Cars : Official Honda response to Fuelmaker situation | 2013 New Honda Car Reviews
Honda Cars : Official Honda response to Fuelmaker situation | 2013 New Honda Car Reviews | 0 |
Honda Cars : Official Honda response to Fuelmaker situation | 2013 New Honda Car Reviews |
2013 Honda Car Reviews, Car Pictures and Prices, Honda New + Used Car Reviews, New Honda Cars : HONDA CRV, Honda Brio, Honda Amaze, Honda City, Honda Odyssey, Honda Accord, Honda Assure, Honda Auto Terrace, Honda Customer Jazz, honda crv, honda cr v used, honda crv reviews, honda crv price, honda cr v mpg, honda crv 2013, honda crv for sale, honda crv lease, honda crv gas mileage, honda crv accessories, honda cr v awd, honda crv awd system, honda crv air filter, honda crv all weather floor mats, honda cr v awd review
Honda Cars : Official Honda response to Fuelmaker situation | 2013 New Honda Car Reviews
You can bookmark this page with URL https://hondacarscoop.blogspot.com/2009/04/honda-cars-official-honda-response-to.html. You can copy paste if this article "Honda Cars : Official Honda response to Fuelmaker situation | 2013 New Honda Car Reviews" is useful for you or your friends, but don't forget to give the link Honda Cars : Official Honda response to Fuelmaker situation | 2013 New Honda Car Reviews as source. Thanks!Fuelmaker , Honda , Honda Alternative Fuel , Honda Civic GX , Honda News , Honda Responds to Fuelmaker , Natural Gas for cars
0 Responses So Far:
Please Share Your Opinion About Honda Cars : Official Honda response to Fuelmaker situation | 2013 New Honda Car Reviews