Azure Dynamics Adds 13 Dealerships
May 19, 2009 2:01 PM
Azure Dynamics Corporation (TSX: AZD) announced today it has signed agreements with thirteen additional dealerships to represent Azure's innovative Balance Hybrid Electric Drive System. The new dealerships are:
- Colonial Equipment Company, Frederick, MD
- Ricart Ford, Groveport, OH
- Folsom Lake Ford, Folsom, CA
- Northwest Ford Truck Inc., Franklin Park, IL
- Freedom Ford Sales Ltd., Edmonton, Alberta
- MHQ Municipal Vehicles, Walpole, MA
- Burt Automotive, Centennial, CO
- Olathe Ford, Olathe, KS
- Schultz Ford, Nanuet, NY
- Bayshore Ford Truck Sales, New Castle, DE
- Kent City Ford, Inc., Kent City, MI
- Bill Brown Ford, Inc., Livonia, MI
- Caguas Expressway Motors, Caguas, Puerto Rico
"Expanding our representation in key regional markets is an important step in building our distribution, sales and service base," said Jay Sandler, Azure Dynamics Vice President of Sales. "Each of these dealers has been trained on the Azure brand and technology so they're able to provide whatever our shared customers need quickly, efficiently and conveniently."
The new dealership agreements bring the total number of dealerships in the Azure program to 27. These dealerships cover major markets in the U.S. and Canada to broaden Azure's distribution network for its Balance Hybrid Electric Drive System. Many dealerships will maintain inventory of ready-to-deliver Cube Vans and Walk-In Vans equipped with Azure's technology.
Azure Dynamics has previously announced dealerships in major markets like Boston, Los Angeles, Edmonton, Miami, Milwaukee, Minneapolis, San Antonio, Toronto and others.
The Balance Hybrid Electric system is integrated on Ford's E450 Cutaway and Strip Chassis drive system and utilizes a conventional 5.4-liter Triton gasoline engine and 5-speed automatic TorqShift transmission. The hybrid powertrain features electric-launch up to 20 mph, and engine-off at idle, while electronically supporting key ancillary functions like air conditioning, power steering and braking. The powertrain can improve fuel economy by up to 40%, while reducing carbon emissions up to 30% in city conditions.
For more information about Azure Dynamics and its family of hybrid electric and electric commercial vehicles, please visit www.azuredynamics.com.
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