Truck OEMs get Obama bucks for fuel efficiency projects
WASHINGTON — The Obama administration isn’t done with stimulus packages just yet, but at least it’s handing out some cash to truck industry manufacturers this time.
According to Reuters, the latets $187 million cash infusion will be matched by another 50 percent in funding from the private sector. Nine projects, which include several truck and diesel engine makers, are receiving the stimuls cash to develop better fuel efficiency technology on long-haul trucks.
Cummins is getting $38 million to develop a more efficient, cleaner-burning diesel engine, an aerodynamic tractor-trailer, a waste heat recovery system, and an auxiliary fuel cell power unit for anti-idling.
The engine maker is also getting another $15 million to develop an automotive diesel engine that is 40 percent more fuel efficient.
Daimler Trucks North America is getting $39.6 million to downsize engines, electrify oil and water pumps and improve aerodynamics, waste heat recovery and hybrid vehicles.
Navistar is getting $37.3 million for similar projects, as well as for developing reduced rolling resistance tires.
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