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SPAR Spartan Motors Inc

17.08
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Spartan Motors Inc NASDAQ:SPAR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 17.08 15.88 18.79 0 01:00:00

Spartan Motors Hosts General Motors and Isuzu Executives as First Chevrolet Medium Duty Truck Rolls off its Production Line

27/07/2016 9:46pm

PR Newswire (US)


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CHARLOTTE, Mich., July 27, 2016 /PRNewswire/ -- Spartan Motors, Inc. (NASDAQ: SPAR) ("Spartan" or the "Company"), a leader in the manufacturing of high-quality specialty chassis and vehicle assembly, plays host to General Motors (GM) and Isuzu Commercial Truck of America executives today as they celebrate the first of the new Chevrolet medium duty, gasoline-powered trucks as the first unit rolls off the production line at the Spartan Motors plant in Charlotte, Mich.

The new Chevrolet 3500, 3500HD, 4500, 4500HD, 4500XD, 5500HD and 5500XD truck line is the result of a strategic business relationship between General Motors and Isuzu. Spartan, a leader in the manufacturing of high-quality specialty chassis and vehicle assembly, was awarded the build contract and is responsible for the assembly of the trucks, which are based on Isuzu's N-Series design.

"Production of the Chevrolet medium duty line begins in earnest today as we witness the first of what we expect to be many of these durable and maneuverable vehicles roll off our assembly line," said Daryl Adams, President and Chief Executive Officer, Spartan Motors. "Our strategic business relationship with Isuzu began in 2011, and our Company has realized significant growth and success in this segment due in part to the great trust they've shown in our team's execution of their vision for this broad product line. In fact, we celebrated the 30,000th Isuzu N-Series production milestone this year, and we expect GM will realize similar success with their vehicle line."

Spartan Motors will be manufacturing seven different Chevrolet models including regular-cab and crew-cab body style options and chassis lengths ranging from 109 inches to 212 inches. Additionally, several drivetrain options exist, including a 6.0 liter, V-8 GM gasoline engine as well as Isuzu-sourced 3.0 liter or 5.2 liter turbo-diesel engines. All engines are mated to a six-speed automatic transmission.

"One of our core competencies at Spartan is our contract manufacturing expertise," added Adams. "This expansion of our relationship with Isuzu, and thereby General Motors, is a reflection of our traditional high standards of quality and reliability that are built into every specialty chassis and vehicle we manufacture."

Editor's note: images and b-roll from the event are available at http://bit.ly/SpartanMotorsPartnership.

About Spartan Motors
Spartan Motors, Inc. is a leading designer, engineer, manufacturer and marketer of a broad range of specialty vehicles, specialty chassis, vehicle bodies and parts for the fleet and delivery, recreational vehicle (RV), emergency response, defense forces and contract assembly (light/medium duty truck: Class 3, 4 and 5) markets. The Company's brand names - Spartan Motors, Spartan Specialty Vehicles, Spartan Emergency Response, Spartan Parts and Accessories, and Utilimaster®, a Spartan Motors Company - are known for quality, durability, performance, customer service and first-to-market innovation. The Company employs approximately 1,800 associates at facilities in Michigan, Pennsylvania, South Dakota and Indiana. Spartan reported sales of $550 million in 2015. Visit Spartan Motors at www.spartanmotors.com.

First Chevrolet Medium Duty Truck Rolls Off the Line at Spartan Motors. People- Left from right: Thomas A. Meisel, Isuzu North America Corporation, Takusei Nakagawa, VP CV Product Planning, Isuzu North America Corporation, Kevin Brewer, Medium Duty Marketing and Sales Manager, General Motors Fleet, Daryl Adams: President and CEO, Spartan Motors, John Schwegman, U.S. Director of Commercial Product, General Motors Fleet, Steve Guillaume, President, Spartan Specialty Vehicles, Paul Loewer, Medium Duty Product Manager, General Motors Fleet

Video - http://origin-qps.onstreammedia.com/origin/multivu_archive/PRNA/ENR/Spartan-Motors-Full-Event-Video.mp4
Photo - http://photos.prnewswire.com/prnh/20160727/393569 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/spartan-motors-hosts-general-motors-and-isuzu-executives-as-first-chevrolet-medium-duty-truck-rolls-off-its-production-line-300305139.html

SOURCE Spartan Motors, Inc.

Copyright 2016 PR Newswire

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