Tuesday, November 20, 2012

GE Green-Lights Big Ford Purchase

Earlier in the year, GE bought 12,000 Chevrolet Volts, and the company was promptly accused of "crony capitalism" and of "forcing its employees" into unwanted cars. The subtext was that the GE purchase propped up GM's Volt sales. Now GE does the same with Ford, but at a smaller scale.

GE will buy 2,000 C-Max Energi plug-in hybrid vehicles for its corporate fleet, Reuters reports. In turn, Ford will market GE's alternative fuel infrastructure technology, including charging stations and natural gas fueling stations.

GE wants to convert half of its global fleet to alternative fuel vehicles.



from The Truth About Cars http://www.thetruthaboutcars.com




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