General Motors Deal Hints at a Future for Natural-Gas Powered Cars

- July 7th, 2011

Reuters reports that General Motors (NYSE:GM) entered into an agreement with Westport Innovations Inc. (TSE:WPT) to develop natural gas engine controls, emissions and performance strategies.

Reuters reports that General Motors (NYSE:GM) entered into an agreement with Westport Innovations Inc. (TSX:WPT) to develop natural gas engine controls, emissions and performance strategies.

The market news is quoted as saying:

Natural gas, which is cheaper and cleaner-burning than gasoline, has been used increasingly in buses and heavy trucks over the last decade. But the alternative fuel has not yet made its way into mainstream light-duty trucks and vehicles.

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