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Omnitek Engineering Forms Joint Venture in Peru to Convert Diesel Engines to Natural Gas

Green Car Congress

Omnitek Engineering Corporation has formed a joint venture with local partners in Peru to convert diesel engines to operate on natural gas, as well as provide services to re-power diesel trucks and buses utilizing Omnitek’s natural gas engines. Based in Lima, Peru, the joint venture will operate as Omnitek Peru S.A.C.,

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Omnitek Awarded License to Convert Diesel Engines to Operate on Natural Gas in Peru

Green Car Congress

Omnitek Engineering Corporation has been granted a license from the government of Peru to perform diesel-to-natural-gas conversions in the country. In March the company entered the Peruvian market with a multi-year contract to convert a fleet of beverage and milk delivery vehicles owned and operated by Lima-based Leche Gloria.

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JATO: global vehicle sales fall by 39% in March; electrified vehicles up to 17.4% new registration market share in Europe

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With the pandemic spreading across the globe, strict lockdowns in key markets, combined with consumer panic and economic uncertainty, have all contributed to the huge decrease in sales last month. Registrations fell in all 27 markets, but with varying severity. This downward trend is not simply due to the restrictions of free movement.

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Omnitek Enters Peruvian Market with $4.5M CNG Conversion Contract

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Omnitek Engineering Corporation is entering the market in Peru with an exclusive distribution agreement and a $4.5 as the company’s exclusive agent in Peru. The conversion costs are being offset by GNC Energia charging a higher market rate for natural gas, but at a rate still below the cost of diesel fuel.

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Ricardo study predicts that BRIC automotive markets will be eclipsed by the “Rising-15”

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A study by Ricardo Strategic Consulting has concluded that while sluggish automotive demand in Europe, Japan and North America will be balanced by the BRIC (Brazil, Russia, India and China) markets through 2020, thereafter the ‘Rising-15’ nations become the engine for profitable growth—assuming political stability.

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Hyundai introduces next-gen heavy-duty truck at 2013 Seoul Motor Show; 7% improvement in fuel economy

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The Xcient offers a choice of two diesel engines: 10L H-engine, with maximum output of 420 ps (414 hp, 309 kW), maximum torque of 200 kg•m (1,961 N·m, 1,447 lb-ft), and Powertech engine, with maximum output of 520 ps (513 hp, 382 kW), maximum torque of 255 kg•m (2,500 N·m, 1,844 lb-ft).

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GM Creates New South America Regional Organization

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GM South America includes GM’s existing sales and manufacturing operations in Brazil, Argentina, Colombia, Ecuador and Venezuela as well as sales activities in those countries and Bolivia, Chile, Paraguay, Peru and Uruguay. In the first five months of the year, GM sold 394,000 vehicles in South America and its market share was 20.2%.