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
TheStreet Open House

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 This material may not be published, broadcast, rewritten or redistributed.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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!
DOW 16,804.71 -238.19 -1.40%
S&P 500 1,946.16 -26.13 -1.32%
NASDAQ 4,422.0850 -71.3050 -1.59%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs