Mexican Town huh? I grew up in Ecorse MI. Small world. That's an OG setup. It does all the same moves a modern setup does but it uses aircraft parts to do it. Looks great and is probably bullet proof but there's nothing different about the way it works. Check out this link. There's some good animation on the 3rd page.
http://auto.howstuffworks.com/hydraulic-hybrid.htm This uses hydraulic energy stored in accumulators to drive a vehicle using a hydrostatic drive train (similar to what BOOOGHAR mentioned). This concept uses regenerative braking in addition to an engine mounted pump to charge the accumulator. This same concept could be easily used to run a very versitle hydraulic suspension setup that could be adjusted to simply lift and cruise or smash the back bumper. A real sleeper. The fork lift components that dragnblazer mentioned would work for a power take off (PTO) that could be used to charge the accumulator.