Accessibility

Agreement leads to VPG purchase

Posted on September 6, 2013

AM General reached an agreement with the United States Department of Energy (DOE) to purchase the DOE’s secured loan to The Vehicle Production Group (VPG), manufacturer of the MV-1 — the only American-built vehicle specifically designed to meet or exceed the needs of wheelchair passengers and the guidelines of the Americans with Disabilities Act.

Previously, AM General acted solely as the vehicle assembler for VPG. Following this transaction, AM General will own and operate the MV-1 business.

The agreement creates a path to revitalize VPG and form a new company called Mobility Ventures LLC, which will acquire the assets of VPG. Production, sales and product development of the MV-1 is expected to resume in approximately 45 days, with AM General bringing more than 50 years of experience and knowledge in the automotive industry to the benefit of passengers who rely on specialty vehicles, such as the MV-1.

Assembly of the vehicles will continue to occur at AM General’s world-class, 675,000 square-foot Commercial Assembly Plant in Mishawaka, Ind., which is fully tooled for the MV-1 and ready to resume vehicle assembly.

AM General has also begun planning with the more than 100 suppliers of the MV-1 to support the accelerated restart of production and sales. It is anticipated that resumption of MV-1 production and sales will stimulate the creation of hundreds of new jobs.

While this transaction is being finalized, AM General will continue to provide service parts and technical support to the network of more than 80 MV-1 dealers and distributors throughout the U.S. and Canada.

View comments or post a comment on this story. (2 Comments)

More News

Pa.'s LANTA hosts seeing eye dog training

The training was conducted by Lehigh Valley volunteers in conjunction with The Seeing Eye, a Morristown, N.J.-based organization.

WMATA taps taxi companies for subsidized Md. paratransit services

The decision was a win for disability rights activists who pressed WMATA officials to avoid companies such as Uber, because they lack vehicles with wheelchair-ramps and have been sued for alleged violations of the Americans with Disabilities Act.

Capital Metro steps up to rescue those impacted by Hurricane Harvey

The agency was able to send five vehicles for the transport of 10 wheelchair passengers from a medical facility in Corpus Christi, Texas to a shelter in San Antonio. They are also offering free passes and travel training to those people that are in shelters in Austin.

Transdev contracted for Denver paratransit system

Transdev operations are scheduled to begin Oct. 1 for the Access-a-Ride program, serving Adams, Arapahoe, Boulder, Broomfield, Denver, Douglas, and Jefferson counties in the Denver Metro region.

Car commuters dwarf public transit riders in job access

According to a study, low-income workers who commuted by car had 30 times the access to jobs than those who took public transit. The advent of ridesharing and bikesharing could close the gap.

See More News

Post a Comment

Post Comment

Comments (2)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close