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home / news releases / DPSGY - Penske Automotive unit orders 750 Ford E-Transit cargo vans

DPSGY - Penske Automotive unit orders 750 Ford E-Transit cargo vans

Deutsche Post AG ADR
Truck Leasing, a unit of Penske Automotive Group (NYSE:PAG -0.3%) has ordered 750 of Ford Motor's (NYSE:F) electric E-Transit cargo vans - Reuters. Delivery of the first batch of vehicles is expected in the next several weeks and will be first made available in Southern California. The company said that their long-term plans include adding more of the automaker's E-Transit vans to its wider network of rental, leasing locations across North America. Ford's E-Transit van comes in eight configurations, including three roof heights and three lengths, has an EV driving range of 126 miles. FedEx (FDX), UPS (UPS) and Deutsche Post (OTCPK:DPSGY) unit DHL are also experimenting with electric cargo vehicles as part of their own zero-emission vehicle plans.

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Penske Automotive unit orders 750 Ford E-Transit cargo vans
Stock Information
Company Name: Deutsche Post AG ADR
Stock Symbol: DPSGY
Market: OTC
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