This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Clean Diesel Technologies, Inc. Partners With American Infrastructure Leasing To Offer Fleet Owners And Operators Financing For Diesel Emission Retrofits

VENTURA, Calif., June 18, 2012 /PRNewswire/ -- Clean Diesel Technologies, Inc. (NASDAQ:CDTI) ("Clean Diesel"), a cleantech emissions control company, has partnered with American Infrastructure Leasing ("AIL"), a leading provider of leases for aftermarket trucking equipment in North America, to offer leasing solutions for Clean Diesel's ECS-branded diesel particulate filter ("DPF") retrofit solutions to vehicle fleet owners and operators across North America. Under this exclusive program, AIL will provide the capital which is expected to enable qualified trucking fleets to acquire Clean Diesel retrofit solutions on terms that are convenient and financially attractive to their businesses.

"Mandated emission reduction programs require fleet owners to replace or retrofit vehicles by certain deadlines, such as the California Air Resource Board's Truck and Bus Regulation which deadlines begin in 2012. The requirement to retrofit one to several vehicles often results in the need for our customers to reprioritize their capital and financing needs, and this can become a burden for them. We believe that this exclusive financing option, offered by our partner AIL, will provide qualified customers the ability to better manage within their budgetary constraints. We consider AIL an ideal partner given their experience and reputation with truck fleet customers and we are pleased to be the first and only company, we believe, to offer a DPF retrofit leasing program for truck owners in California," said Lyndon Smith, Clean Diesel's Vice President and General Manager.                                     

Under the program, AIL will provide equipment leasing options for the full range of DPF retrofit solutions available from Clean Diesel and Clean Diesel's licensed distribution partners. More information on the financing program will soon be available at www.CARBcompliance.info.

About American Infrastructure Leasing



AIL is a leading provider of equipment leasing solutions for trucking fleets in North America. AIL is an experienced lease provider for a wide range of trucking equipment and aftermarket installations, offering simple and readily available terms. Leases from AIL allow trucking fleets to acquire and use equipment from leading vendors on terms that are both convenient and financially attractive to their businesses. For more information, please visit www.aileasing.com.

About Clean Diesel Technologies, Inc.



1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs