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

Chrysler Group LLC Begins Delivery Of 242 Ram Compressed Natural Gas Pickup Trucks To State Of Oklahoma

The Ram CNG pickups delivered today were purchased by the state of Oklahoma through John Vance Motors, a Chrysler Jeep Dodge Ram Truck dealership in Guthrie, Okla., north of Oklahoma City.

"Converting the state's fleet to CNG will save taxpayers millions of dollars in fuel costs," Gov. Fallin said. "The use of cleaner-burning CNG fuel is good for the environment and promotes Oklahoma-made natural gas which in turn supports the creation of more Oklahoma jobs. Our multi-state bidding process was aimed at encouraging automakers to provide states with more affordable and more functional CNG vehicles. We are very thankful for the team at Chrysler for their help and leadership throughout that process. The state of Oklahoma is excited to add quality CNG trucks to our state fleets from manufacturers like Chrysler."

The Ram 2500 CNG is actually a bi-fuel vehicle that uses compressed natural gas as its primary fuel source, but automatically switches to gasoline when the CNG tanks are emptied. In use, the Ram CNG transitions from one fuel to the other with little discernible difference in operation or capability.

"These are heavy-duty trucks and we have highway crews in every county in the state who will put them to work immediately," said Oklahoma Secretary of Transportation Gary Ridley. "I'm grateful that ODOT has the opportunity to work with Governor Fallin and the auto industry to cut costs and improve our operations."

In vehicles, CNG achieves nearly identical mileage figures as unleaded regular gasoline – with a retail cost more than 50 percent lower than the average price of a gallon of gasoline. The Ram 2500 CNG system was fully engineered and tested by Chrysler Group and assembled at the company's Heavy Duty truck plant in Saltillo, Mexico. Production of the Ram 2500 CNG began in late October in the Saltillo plant.

SOURCE Chrysler Group LLC

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 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
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,010.68 -115.44 -0.64%
S&P 500 2,107.39 -13.40 -0.63%
NASDAQ 5,070.0260 -27.95 -0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs