nhayssen's blog
Electric Car CEO Says Market Change Is Good for ZAP
Submitted by nhayssen on Sun, 03/16/2008 - 20:00.
ZAP CEO Steve Schneider Featured on www.CEONEWS.Tv
NEW YORK, NY--(MARKET WIRE)--Mar 17, 2008 -- ZAP (OTC BB:ZAAP.OB - News) electric car CEO Steve Schneider said, "The market is finally catching up to what ZAP has been preaching," in an online interview with www.CEONEWS.Tv.
Schneider discussed the Company's future plans with CEONEWS.Tv, including plans to make freeway capable electric cars through a joint venture called Detroit Electric with China Youngman, one of China's largest vehicle manufacturers.
A 30-year veteran of the auto industry, Schneider talked about ZAP's strategy of setting up auto dealers and also touched on the recent challenges faced by ZAP, but said that one of ZAP's strengths is its resiliency.
Bush Acknowledges Weakness in US Economy AND Prices at the Gas Pump
Submitted by nhayssen on Fri, 03/14/2008 - 09:40.
The president spoke as evidence of an ailing economy piled up. The dollar fell, oil and gold hit record highs, the economy is shedding jobs, retail sales saw a big drop and the effects of a severe credit squeeze linger. Economic worries have replaced the Iraq war as the No. 1 concern of voters in this presidential election year.
Bush acknowledged that prices are up at the gas pump and grocery stores and housing values are down - leading to worries among everyday "hardworking Americans." But he said low unemployment and strong productivity are proof of the economy's fundamental strength and resilience.
Read More . . .
http://abclocal.go.com/wabc/story?section=news/local&id=6019940
HGTV Giving Yukon Hybrid to Winner of "Green Eco-Friendly Home Giveaway"
Submitted by nhayssen on Fri, 03/14/2008 - 09:35.
Volvo Officially Announces Swedish Plug-in Hybrid Development Program
Submitted by nhayssen on Fri, 03/14/2008 - 09:27.
The Volvo ReCharge concept is another plug-in hybrid race among the major manufacturers.
60+ miles of EV range sounds nice but it seems Volvo isn't totally ready or committed to bringing this vehicle to the public or the street.
What do you think?
$5 Gas Prices By Labor Day?
Submitted by nhayssen on Fri, 03/14/2008 - 09:23.
If gasoline prices move from their current average price of $3.20 to $5, the cost of fuel for a family that spends $50 a week for gas would move up over $1,000 a year.
That would wipe out any tax rebate payments from the Federal government and drive the economy deeper into its currently slowdown.
It would also further fracture already delicate P&Ls and balance sheet at large auto makers and airlines.
Retailers would get less traffic. Very few industries would be spared some effect.
Read More . . .
http://www.247wallst.com/2008/03/5-gas-by-labor.html
