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Vehicle Production Group MV-1

 
AM General Buys VPG, Defunct Natural-Gas Handicapped Van Maker

AM General Buys VPG, Defunct Natural-Gas Handicapped Van Maker

Less than a year ago, Vehicle Production Group seemed a success: The startup maker had built 2,500 MV-1 handicapped vans in a year, about one-quarter of them powered by natural gas. But this past April, VPG shut down due to a cash crunch that meant it couldn't make payroll. Now, its $50 million... read more

September 11, 2013 by  -
 
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