Definition of Original equipment manufacturer vehicle

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TeachMeFinance.com - explain Original equipment manufacturer vehicle



Original equipment manufacturer vehicle

The term 'Original equipment manufacturer vehicle' as it applies to the area of energy can be defined as ' A vehicle produced and marketed by an original equipment manufacturer(OEM), including gasoline and diesel vehicles as well as alternative-fuel vehicles. A vehicle manufactured by an OEM but converted to an alternative-fuel vehicle before its initial delivery to an end-user (for example, through a contract between a conversion company and the OEM) is considered to be an OEM vehicle as long as that vehicle is still covered under the OEM's warranty'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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