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Blue Bird OEM Propane School Bus

Blue Bird OEM Propane School Bus. John Rubenkoenig Capital Bus Sales. New Ownership of Blue Bird. September – Sale of Blue Bird to Cerberus Capital Management, L.P. Present Management Will Remain in Place US based and owned company

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Blue Bird OEM Propane School Bus

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  1. Blue Bird OEMPropane School Bus John Rubenkoenig Capital Bus Sales

  2. New Ownership of Blue Bird • September – Sale of Blue Bird to Cerberus Capital Management, L.P. • Present Management Will Remain in Place • US based and owned company • Cerberus owns many companies including Alamo/National Rental Car, Air Canada, Formica, Fila, 51% of GMAC Finance • Increased Capital and Credit Line for Expansion • Commitment to Growth of Blue Bird

  3. Blue Bird North Georgia Plant • Vision Produced at Blue Bird – North Geogia located in LaFayette, GA • For 2nd Year in a Row - Blue Bird North Georgia Named One of 25 Finalists for Industry Week Magazine “Best Plants in North America”

  4. Changes for Vision Bus • New Hood Design • New Dash Design • New Steering Column/Wheel Design • Multiplex Body System (2007 Engines) includes: Exterior Light Monitor Emergency Exit Monitor Clock Child Check System Available, if Desired Other Warning Messages for Driver

  5. Blue Bird to Offer OEMPropane School Bus • Vision Conventional Type C School Bus • 47 – 77 Passenger Capacity • 189” to 273” Wheelbase • Will Meet all Texas School Bus Specifications

  6. Previous Blue Bird Propane School Bus Offering • GM B7 Chassis • GM 8.1L Gasoline Engine • Only Available 59-77 Passenger • GM Stopped Production of B7 Chassis • No Gasoline Engines Available in Market • GM Replacement Chassis Unacceptable to Dealers

  7. Grant from PERC • Propane Education and Research Council (PERC) Grant Awarded to Blue Bird for Research & Development Work on Propane School Bus • Goal – To Introduce OEM Propane School Bus to Marketplace • Support from Texas Railroad Commission • Panel of Propane School Bus Users Being Formed to Provide Input

  8. Contract with Powertrain Integration • Blue Bird to Supply Two Vision School Buses to Powertrain Integration (May, 2006) • Regular Production Buses with Diesel Engines • One equipped with Hydraulic Brakes • One equipped with Air Brakes • Powertrain Integration to Design Assembly Methods for Blue Bird

  9. Contract with Powertrain Integration • Powertrain Integration Will Return Buses to Blue Bird with 8.1L Engine Equipped with OEM Propane Fuel System Supplied by CleanFuel USA – Liquid Propane Injection • Buses will be Fully Operational on Propane

  10. Production Availability • Regular Production of Blue Bird OEM Propane School Bus Expected March/April 2007 • Diesel Engine and ULSD Diesel Fuel Prices to Increase Significantly with 2007 EPA Compliant Engines • OEM Blue Bird Propane Bus to Offer Viable Alternative • Alternative Fuel Funds/Grants Available

  11. Propane Fuel Rebates • Through 2009 Congress Has Authorized Alternative Fuel Rebate • 50 Cents per Gallon for Propane • School Districts Eligible to Apply for Rebate Direct from IRS if Have Own Fueling Facility • Must Register with IRS – Form 637 • File IRS Form 4136 Annually • New Forms Not Available Yet on www.irs.gov website – Should be Available 30-60 Days

  12. Contact for Additional Information: • Capital Bus Sales and Service of Texas, Inc. 800-290-3006

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