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EVCARCO, Inc. (EVCA.OB) Board Members recently reported that pursuant to a strong demand from the US Federal Government to meet environmental standards in relation to its Federal Military fleet, EVCA will be working with VENTA Inc. and several third party organizations to create Military grade AEV and Hybrid Diesel Electric units.

(Auto)Making a Decision

Posted by bullishbankers on April 7th, 2009

President Obama, at the urging of his auto task force, announced Monday his decision to reject the restructuring plans from General Motors [GM: 2.1801, -0.0899 (-3.96%)] and Chrysler that would require additional government funding. This announcement was coupled with Obama’s request for CEO Robert Wagoner to resign.

China Automotive Systems, Inc. (CAAS), a manufacturer of power steering components, oil pumps and sensors in China, announced second quarter financial results this morning. Revenues rose to $46.5 million, an increase of 28.1% year over year and 12.2% sequentially.

With approximately 6,380 full-time employees, Lithia Motors Inc. has an army always at the ready to drive shareholder growth. As part of the Auto Dealerships sector, Lithia sells 27 brands of new vehicles and all brands of used vehicles. Their heritage is in serving smaller communities in the Western and Midwest U.S.

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