KW & Pete hybrids get break

March 1, 2008
Sister OEMs Kenworth and Peterbilt, both subsidiaries of Paccar, have announced that buyers of certain of their respective medium-duty hybrid vehicles in the U.S. are eligible for a tax credit of up to $12,000, thanks to a qualified hybrid motor vehicle credit available from the federal government. According to Kenworth, a $12,000 credit the maximum for Class 7 hybrids is available for the T370 hybrid

Sister OEMs Kenworth and Peterbilt, both subsidiaries of Paccar, have announced that buyers of certain of their respective medium-duty hybrid vehicles in the U.S. are eligible for a tax credit of up to $12,000, thanks to a qualified hybrid motor vehicle credit available from the federal government.

According to Kenworth, a $12,000 credit — the maximum for Class 7 hybrids — is available for the T370 hybrid in both utility boom and P&D vehicles when equipped with a Paccar PX-6 engine and an Eaton hybrid system. A $6,000 credit — the maximum for Class 6 hybrids — is available for both the Kenworth T270 hybrid utility boom and P&D vehicles, also when equipped with a Paccar PX-6 engine and an Eaton hybrid system.

“These federal tax credits serve as important incentives for customers seriously considering the purchase of Kenworth medium-duty hybrid trucks this year,” noted Gary Moore, Kenworth assistant gm for marketing & sales.

Peterbilt said the Model 335 hybrid is eligible for the maximum $12,000 credit for Class 7 vehicles in both utility-boom and P&D applications when equipped with a Paccar PX-6 engine and Eaton hybrid system. The Model 330 hybrid, when equipped with a Paccar PX-6 engine and Eaton hybrid system is eligible for the maximum credit for Class 6 vehicles of $6,000 in both utility-boom and P&D applications.

“Peterbilt's product breadth in hybrid vehicles is pacing the industry with research and development in four applications for Class 6 through Class 8 trucking segments,” pointed out Larry Reding, assistant gm of sales & marketing. “The federal tax credit combined with the over 30% fuel efficiency gains makes these products very attractive for our environmentally conscious customers.”

Kenworth also recently announced it will begin production of T800 trucks powered by liquefied natural gas (LNG) engines at its Renton, WA facility in 2009. The trucks will use Westport Innovations Inc.'s LNG fuel system technology adapted for the Cummins ISX 15-liter engine.

View more Fleet Owner news relating to alternative fuels, fuel conservation, fuel economy and diesel fuel prices.

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