
- News Story
Analysis: Most VW emissions settlement funds go to diesel tech, not electric vehicles
September 7, 2020
Source: Freightwaves
In 2019, Connecticut-based food and household goods distributor Bozzuto’s Inc. was awarded approximately $1 million from the state’s Volkswagen emissions cheating settlement to be applied toward the purchase of 30 new Class 8 diesel-powered trucks.
The government grant made for a good return on investment, said Chris Sferruzzo, executive vice president of Bozzuto’s, which used the money to help replace 20-year-old trucks in its existing fleet with the more fuel-efficient models. The “beautiful” Kenworth and Freightliner tractor trailers are good for driver retention, and the fuel efficiency benefits boost the company’s bottom line and the environment.