2014

June 27, 2014
financialstock market

Westport Extends Maturity of Existing Debentures and Issues C$19 Million Additional 9% Debentures

Westport Completes Non-Dilutive, Non-Convertible Financing

Westport announces that it has extended the maturity date of its 9% unsecured subordinated non-convertible debentures formerly due September 22, 2014 to September 15, 2017; and secured an additional C$19 million in debentures on the same terms, bringing the total outstanding debentures to C$55 million.

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June 5, 2014
management

Westport Appoints Ashoka Achuthan as Chief Financial Officer

Bill Larkin Appointed to Vice President, Corporate Development

Westport announces that Ashoka Achuthan has been appointed as Chief Financial Officer (CFO) of Westport. Bill Larkin has been appointed to Vice President, Corporate Development, focusing on strategic initiatives and investments, and development agreements that will contribute to Westport’s financial growth.

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June 3, 2014
management

Westport Announces Yang Guang as President, Asia Pacific

Westport announces the appointment of Yang Guang to the position of President, Asia Pacific.

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May 6, 2014
Westport iCE PACKcustomersWestport

Kroger Co. Adopts Westport iCE PACK™ LNG Tank System for Sustainability and Savings

Grocery Retailer Announces Program at ACT Expo

Westport is working in cooperation with Kroger, one of the world’s largest retailers with over 2,600 supermarkets in the US, to meet their industry-leading environmental sustainability goals.

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May 5, 2014
Westport WiNGautomotiveproductsWestport

Westport Debuts California's Only CARB Certified CNG Ford F-150 at ACT

Westport WiNG™ On Display at ACT Expo

Westport announces that the only California Air Resources Board and EPA certified Ford F-150, featuring the Westport WiNG™ Power System, is being debuted during the Alternative Clean Transportation Expo (ACT) in Long Beach, and will be on display May 6 to 8.

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May 1, 2014
financial

Westport Reports First Quarter Fiscal 2014 Financial Results

First Quarter Revenue Up 39% Year over Year, Step Change Improvement in Westport Operating Business Units’ Adjusted EBITDA

First Quarter Revenue Up 39% Year over Year, Step Change Improvement in Westport Operating Business Units’ Adjusted EBITDA

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April 28, 2014
Weichai WestportWestport HPDIproductsWestport

Westport and Weichai Launch WP12 Engine and Initiate Development of WD10 Engine with Westport™ HPDI 2.0 Technology

First Shipments Underway with World’s Largest Diesel Engine Manufacturer; Next Platform for HPDI Underway in Largest Market for Natural Gas Trucks

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April 25, 2014
board membersfinancial

Westport Publishes 2014 Annual Shareholder Meeting Results

Westport held its Annual and Special Meeting yesterday in Vancouver, British Columbia with 79% of outstanding shares represented by shareholders present or by proxy. Shareholders have approved all resolutions presented including the election of directors of Westport for the next year; the appointment of auditors for Westport for the next year (98% in favour); and the approval of amendments to By-Law No. 1 (98% in favour).

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April 24, 2014
financial

Westport Announces First Quarter Fiscal 2014 Conference Call for Thursday, May 1, 2014

Westport will disclose its financial results for the first quarter ended March 31, 2014 on Thursday, May 1, 2014 after market close. To coincide with the disclosure, Westport has also scheduled a conference call for Thursday, May 1, 2014 at 2:00 pm Pacific Time (5:00 pm Eastern Time).

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March 10, 2014
Westport WiNGautomotiveproductsWestport

Westport Unifies Brands for Dedicated and Bi-fuel Vehicles under Westport WiNG™ Power System

Westport WiNG the Leading QVM Brand for Natural Gas Ford Pickups

Westport WiNG the Leading QVM Brand for Natural Gas Ford Pickups

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News Releases

September 23

Westport Fuel Systems Clarifies Statements Regarding the Chinese Certification of Weichai Westport’s WP12HPDI Natural Gas Engine

Clarifies statements regarding its Weichai Westport Inc. joint venture and WWI's 12-liter engine equipped with the HPDI 2.0™ fuel system

September 18

Weichai Westport Secures Chinese Certification for WP12 Natural Gas Engine Powered by HPDI 2.0

Westport Fuel Systems Inc. today announced that its Weichai Westport Inc. joint venture has received certification from the Ministry of Ecology and Environment of China for its 12-liter engine equipped with the HPDI 2.0 fuel system

September 15

Westport Fuel Systems Combines Businesses to Better Serve Growing Indian Market

Transaction Provides Cost Efficiencies and Greater Product Choice for Customers

August 31

Westport Fuel Systems Awarded Key Electronics Supply Contract

Estimated revenue of US$58 million over seven-year period

August 11

Westport Fuel Systems Secures €7 Million Loan from Deutsche Bank

Further strengthens liquidity of Emer S.p.A in Brescia, Italy

Industry News

Published: September 30

India: Maruti Suzuki sells 300,000 units of the WagonR S-CNG

The Maruti Suzuki WagonR S-CNG has emerged as the highest selling natural gas vehicle in the country, as this greener and safer factory-fitted CNG model has surpassed 300,000 units in sales.

Published: July 17

Egypt launches ambitious strategy to shift from gasoline to natural-gas powered cars

Egypt has launched an ambitious plan to shift the primary fuel for vehicles in its jurisdiction from petrol and diesel to compressed natural gas.

Published: March 26

Coronavirus Economic Fallout May Boost NGVs as Alternative Transportation

Natural gas vehicles (NGV) may get a boost as power markets and renewable equipment production are seen as potential casualties.

Published: March 16

Europe Increasingly Turns to CNG, LNG

The statistics not only show continuously growing sales of CNG and especially liquefied natural gas fueled vehicles, but also the growth of corresponding fueling infrastructure.

Published: March 12

Finnish heavy-duty transport expert Simeon: ”Gas is energy of the future”

Simeon’s gas-powered Volvo is used to transport gas for partners. Stenberg is pleased with the new tractor unit.

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