Clean Diesel Technologies +24% on compelling vehicle test results

• Clean Diesel Technologies (OTCPK:CDTI +23.9%) is surging on news of initial test results from its Spinel clean emissions exhaust technology it believes will dramatically reduce the cost for auto manufacturers to attain increasingly stringent clean air standards.
• CDTI says the data showed that a Spinel underfloor catalyst with 97% less platinum group metal achieved emissions control performance equivalent to the OEM catalyst.
• CDTI says such levels of platinum group reduction could translate into double-digit dollar cost savings per vehicle for many passenger cars, reinforcing Spinel’s strong value proposition for OEMs.