Volkswagen Brazil and IMPCO Team Up
June 30 2004 - 10:00AM
PR Newswire (US)
Volkswagen Brazil and IMPCO Team Up CERRITOS, Calif., June 30
/PRNewswire-FirstCall/ -- IMPCO Technologies, Inc. (NASDAQ:IMCO),
announced today that its BRC brand products, specifically developed
for the light duty automobile market, have been selected by
Volkswagen Brazil for use in its Santana and Combi models.
Installation of the BRC products on vehicles has been started.
Volkswagen dealers in Brazil and Argentina will sell the vehicles.
Additional Volkswagen models are being planned for production in
the 2nd half of 2004. Volkswagen is the most popular car sold in
the two countries, especially for taxis where Volkswagen has more
than 50% of the market. There are over 125,000 taxis in Brazil and
Argentina. With over 1.7 million natural gas fueled vehicles
operating in Argentina and Brazil, the two countries together make
up the largest alterative fuel market in the world. Natural gas is
54% the price of gasoline in Brazil and 33% in Argentina. Both
governments are very active in influencing the use of clean burning
natural gas to fight the severe air pollution in their major cities
and to utilize their vast natural gas reserves as a replacement for
imported liquid fuels. Regarding IMPCO: IMPCO and BRC design,
manufacture, market and supply advanced alternative fuel systems
and related products to original equipment manufacturers and to the
aftermarket for the mobile, industrial, power generation, and
stationary engines market place. Headquartered in Cerritos,
California and Cherasco, Italy, they have offices in Asia, Europe,
Australia and South and North America. More information can be
found at IMPCO's web site, http://www.impco.ws/ and at BRC's web
site, http://www.brc.it/. For further information contact Mr. Dale
Rasmussen, Investor Relations: Email: Phone: +1-206-315-8242 Fax:
+1-206-315-8301 DATASOURCE: IMPCO Technologies, Inc. CONTACT:
Investor Relations, Dale Rasmussen, +1-206-315-8242, or fax,
+1-206-315-8301, , for IMPCO Technologies, Inc. Web site:
http://www.brc.it/ Web site: http://www.impco.ws/
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