Kenworth Hybrid Trucks Qualify For Up to $12,000 in U.S. Federal Tax Credits

March 13, 2009
KIRKLAND, Wash., March 10, 2009 – Purchasers of certain Kenworth medium duty diesel-electric hybrid trucks in the United States are eligible for a tax credit of up to $12,000, under a qualified hybrid motor vehicle credit available from the federal ...

KIRKLAND, Wash., March 10, 2009 – Purchasers of certain Kenworth medium duty diesel-electric hybrid trucks in the United States are eligible for a tax credit of up to $12,000, under a qualified hybrid motor vehicle credit available from the federal government.

The U.S. Department of Treasury and Internal Revenue Service recently certified the tax credit eligibility of Kenworth T370 Class 7 and Kenworth T270 Class 6 hybrid trucks in both pickup and delivery and utility boom applications, when equipped with a PACCAR PX-6 engine and an Eaton(R) diesel-electric hybrid power system. The T370 qualifies for a $12,000 credit, the maximum for Class 7 hybrids. The T270 qualifies for a $6,000 credit, the maximum for Class 6 hybrids. The credit applies to Kenworth hybrid trucks built this year.

“These federal tax credits provide important support to customers interested in purchasing Kenworth medium duty hybrid trucks,” said Gary Moore, Kenworth assistant general manager for marketing and sales.

Kenworth's goal is to enhance fuel economy by up to 30 percent in pickup and delivery applications and up to 50 percent in utility operations. The Kenworth hybrids feature a PACCAR PX-6 engine, integral transmission-mounted motor/generator, frame-mounted 340-volt battery pack, and dedicated power management system. Advanced powertrain controls monitor driving conditions and automatically select the ideal power mode, smoothly switching among electric only, combined diesel and electric, and diesel only power modes. Electricity generated through regenerative braking is stored and used for acceleration, assisting the diesel engine. The hybrid system is monitored through a dash display. As the power requirements for different driving conditions change, the screen constantly updates the driver on system status.

About Kenworth Truck Company

Kenworth Truck Company is the manufacturer of The World's Best(R) heavy and medium duty trucks. Kenworth is an industry leader in providing fuel-saving technology solutions that help increase fuel efficiency and reduce emissions. The company's dedication to the green fleet includes aerodynamic trucks, medium duty diesel-electric hybrids, liquefied natural gas trucks, and the Kenworth Clean Power(R) no-idle system. In addition, Kenworth is the recipient of the 2008 J.D. Power and Associates awards for Highest in Customer Satisfaction for Over the Road and Vocational Segment Class 8 trucks. Kenworth's Internet home page is at www.kenworth.com. Kenworth. A PACCAR Company.

CONTACT:

Jeff Parietti

425-828-5196

[email protected]

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