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

MobilityTRANS launches 2 new products

The SafeTbus line of shuttles and small buses for 2020 includes 20 standard safety features and another 14 safety options.

TransitWorks rebrands as Driverge

The company provides vehicles to an array of industries, including healthcare, fleet management, government, hospitality, wheelchair support, taxi, and other markets.

Via deploys on-demand service for The Rapid's paratransit system

This will be the company’s first-ever deployment fully dedicated to overhauling a city’s paratransit services.

MCI joins NCIL rally at U.S. Capitol

The 1.5-mile march draws more than 1,000 people with disabilities, disability advocates and allies, members of Congress, and government officials.

First Transit partners with Lyft for wheelchair accessible vehicles

Now launching in San Francisco and Los Angeles, the Lyft app allows passengers with accessibility needs to enable Access Mode.

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