Newport Coachworks in Production on New FREEDOM 40’ Bus Line
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- Green Automotive Company (GACR.PK) (www.thegreenautomotivecompany.com) (OTC:GACR) announced today that its subsidiary, Newport Coachworks Inc. , has completed tooling and is starting production on its new FREEDOM 40 bus.
Newport Coachworks new generation vehicle line is built using the M2 Freightliner platform that is very popular in the high end shuttle segment of the market. It incorporates many technological improvements including certain key components being made out of lighter, stronger material.
Newport Coachworks President Carter Read: Tooling for each vehicle line that our Company produces is a challenging process because we are incorporating new innovations in each line. Thanks to our close collaboration with our American suppliers, we have found new ways to increase considerably the performance of existing technology and deliver unique products that are of superior quality and give full satisfaction to our customers. Our aim is to become a leading company in our sector thanks to technological innovation, a strong partnership with our local suppliers and excellent customer service.
Said Fred Luke, President Green Automotive, The FREEDOM 40 bus is another vehicle line for which Newport Coachworks has standing orders, meaning as these buses are produced and delivered, the Company should experience a corresponding increase in revenue.
Stakeholders can visit Newport Coachworks production facility in Riverside, California, on the Open day organized by the company on the 4th of May.
To confirm your presence, go to http://www.thegreenautomotivecompany.com/.
About Green Automotive Company
Green Automotive Company is a state-of-the-art niche vehicle design, engineering, manufacturing, and sales company, driving innovation in the use of cutting edge zero and low emission technologies. Our 3 main divisions are Liberty Electric Cars Ltd , Newport Coachworks Inc. and GoinGreen Ltd . Green Automotive Company shares are traded on the OTC QB under the symbol "GACR". For further info, visit www.thegreenautomotivecompany.com.
Forward Looking Statements - This release includes forward-looking statements. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. For a copy of the Companys full statements regarding forward-looking statements please click here: Safe Harbor Statement » Green Automotive Company .
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Source: Green Automotive CompanyCopyright Business Wire 2013