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News Releases

July 22, 2016

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Westport Fuel Systems Announces New CEO

Nancy Gougarty to lead global alternative fuel company

The Westport Fuel Systems Inc. Board of Directors is delighted to announce the appointment of Nancy S. Gougarty as CEO effective immediately. David R. Demers, Westport's current CEO, is retiring from the company but will be available to the leadership team in an advisory role through a transition period.

June 29, 2016

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Westport Fuel Systems Announces 2016 Annual Shareholder Meeting Results

Westport Fuel Systems held its Annual Meeting yesterday in Vancouver, British Columbia. Shareholders approved all resolutions presented including the election of all nominated directors.

June 23, 2016

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Volvo Car Launches New V90 BiFuel Station Wagon

Leverages same Westport natural gas technology as award-winning sports wagon

Volvo Car will launch the BiFuel version of its new V90 station wagon. This vehicle is based on the same engine technology as the Volvo V60 sports wagon which recently won second place in the Best Environmental Car in Sweden - company car category.

June 17, 2016

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IMPCO Technologies Releases New Light Weight Rail Auxiliary Power Unit

IMPCO Technologies reaffirms the release of its new Heavy-Duty / Light Weight Rail Auxiliary Power Unit.

June 16, 2016

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Westport Updates Nominees For Election to the Board

Westport announced three new nominees for election to the board of directors at the AGM to be held on Tuesday, June 28, 2016. Upon closing of the merger with Fuel Systems Solutions, Mariano Costamagna, Colin S. Johnston and Anthony Harris were added to the combined company's board of directors to fill vacancies created by the resignation of Philip B. Hodge, Gottfried (Guff) Muench and Joseph P. Caron.

June 1, 2016

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Westport Completes Merger with Fuel Systems

Combination creates innovative, global leader in alternative fuel, engine and vehicle sector

Westport completes merger between Westport and Fuel Systems Solutions. Shareholders of both companies approved the merger at separate special meetings of shareholders. As previously announced, Fuel Systems shareholders will receive 2.4755 Westport common shares for each share of Fuel Systems common stock owned. Fuel Systems shares will no longer be listed on the Nasdaq Exchange or any other securities exchange.

May 26, 2016

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Westport Announces Exchange Ratio for Merger Agreement with Fuel Systems

Compelling merger edges closer to completion

The final exchange ratio has been determined for the proposed business combination (the “Merger”) with Fuel Systems. Assuming the Merger closes as anticipated on June 1, 2016, Fuel Systems stockholders will receive 2.4755 Westport common shares for each share of Fuel Systems common stock owned upon completion of the Merger.

May 20, 2016

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Proxy Advisory Firms Have Reaffirmed Recommendation that Fuel Systems Shareholders Vote FOR the Proposed Merger

Merger Agreement already overwhelmingly approved by Westport shareholders

Institutional Shareholder Services, a leading independent proxy advisory firm that provides voting recommendations to institutional investors, has reaffirmed its recommendation that Fuel Systems Solutions shareholders approve the Amended Agreement and Plan of Merger between Westport and Fuel Systems.

May 18, 2016

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Westport Secures CARB Certification for Dedicated CNG Ford Transit Vehicles and F-150 Trucks

California Air Resources Board certifies emission-reducing Westport WiNG™ Power System used in popular vehicle models

Westport has received certification from CARB for the dedicated CNG Westport WiNG™ Power System used in the Ford Transit Cargo Van and Passenger Wagon, and the F-150 truck for model year 2016.

May 13, 2016

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Doug Pearce steps down from Westport Board of Directors

Resignation tendered in preparation for merger

Westport announces that Doug Pearce has resigned from the Board as part of plans relating to the pending merger with Fuel Systems Solutions.