Honda Cars : Honda to extend its use of CDTi's new catalyst system - Analyst Blog | 2013 New Honda Car Reviews 0

Sure would be nice to see this in North America....

Ian Gilson, CFA

Clean Diesel Inc. ( CDTI ) has changed its name to CDTi although its legal name remains Clean Diesel Inc.

Both Honda and Clean Diesel have announced that Clean Diesel will supply a new palladium only catalyst system (invented by CDTi), first for the 2013 model Accord currently being built in North America, and then to other Honda models. The new system will reduce precious metal content by 22% and Rhodium content by 50%. This cuts the cost of the system by 37% while complying with some of the most stringent emission regulations in the world.

This business will have a significant impact on Clean Diesel's revenue and profit. Over the past two years the company has been impacted by the problems in Japan that had an effect on parts availability. This catalyst will be used in other Honda cars, presumably Accords being built in other countries, on a sequential basis.

In August 2012 Honda sales increased by 59.5% to 131,321 vehicles, the Accord increasing by 89%. The seasonally adjusted sales rate was 14.52 million vehicles as compared to 12.8 million vehicles in 2011.
 
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Source;

http://community.nasdaq.com/News/2012-09/honda-to-extend-its-use-of-cdtis-new-catalyst-system-analyst-blog.aspx?storyid=172544

Honda Cars : Clean Diesel Technologies, Inc. Announces Honda Win | 2013 New Honda Car Reviews 0

VENTURA, Calif., July 30, 2012 /PRNewswire/ -- Clean Diesel Technologies, Inc. (NASDAQ:CDTI) ("Clean Diesel" or the "Company"), a cleantech emissions control company, is pleased to announce that it has begun supplying catalysts for next-generation four- and six-cylinder Honda Accord models. The Company expects to announce additional model programs in 2013 as it continues close collaboration with Honda on other high-performance six-cylinder and hybrid vehicle applications.

Clean Diesel's latest catalyst offerings to Honda leverage its proprietary breakthrough MPC^© technology and include a high-performance catalyst which is designed to meet stringent California Air Resources Board ("CARB") Super Ultra Low Emissions Vehicle ("SULEV") emission standards. Clean Diesel will also supply a palladium-only ("Pd-only") catalyst that significantly reduces precious metal content when compared to competitive products that typically include more expensive and price volatile metals such as Platinum and Rhodium.

"We are proud to be Honda's catalyst supplier for the Accord — one of the best selling cars in North America — and we look forward to our catalysts being introduced on other new and exciting Honda vehicle models. Honda's confidence in our ability to consistently provide superior catalyst solutions is a clear indicator of our technology leadership. We believe that these latest product introductions highlight our strategy to grow sustainable OEM business through technological innovation which expands our footprint with existing customers and creates opportunities to selectively add new customers," said R. Craig Breese, Clean Diesel's President and Chief Executive Officer.

Clean Diesel's Catalyst Division began delivering catalysts to Honda in 2001 – offering a unique combination of high performance and low precious group metal content, resulting in significant economic benefits. Since then, Clean Diesel's catalysts have been sourced for new model programs that typically span four to five years, including the popular model years 2004 and 2008 Accord.

Source;
http://www.digitaljournal.com/pr/815255