AM General Buys CNG Taxi Maker VPG

The builders of the original military and civilian Hummers, AM General, has shown little interest in alternative fuels before, but the military contractor has just acquired the Vehicle Production Group, makers of the MV-1 CNG-powered taxi.

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Despite Failures, DOE Green Loan Program Not Such A Flop

With recent high-profile failures of government-backed alt-fuel projects including Fisker Automotive and the Vehicle Production Group, one wouldn’t be blamed for thinking the green energy loan program was a flop. But a well-written analysis of the program finds that, despite incessant criticisms, the program did better than some people would have you think.

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CNG Taxi Van Maker Suspends Operations, Will Be Sold

Call 2013 the Year of Reckoning for alternative fuel vehicles. There has been a seemingly endless parade of green car companies shutting down, and it isn’t over yet. The latest victim is natural gas taxi builder VPG, which has suspended operations and will soon be sold to the highest bidder. But VPG has the best chance of rising from the ashes as a bigger, better automaker.

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