Friday, March 23rd, 2012
Fort Worth, Texas – EVCARCO Inc. (OTCBB:EVCA) (OTCQB:EVCA), a Future Driven® Automotive Retail Group today announced updates to the shareholders and investment community on recent corporate developments, future plans, growth strategies, capital needs and changes to its share structure.
The Company has been working diligently to cultivate several, potentially valuable joint partnerships, identify new markets with products that provide carbon reduction technologies, sales channels, and sources of revenue.
As the Company moves forward, it continues to operate from its Micro-New Car Dealership in Ft.Worth, Texas that has generated cumulative gross revenues of $2,208,948.00, as of the last reported period of September 30, 2011. These revenues represent sales of new electric cars, EV charging stations, and pre-owned vehicles. The Company also continues to expose and market its Master Franchise and Single Locations Franchises opportunities of the Future Driven® Dealership 
Franchise.
On February 22, 2012, the Company announced that it signed a Memorandum of Understanding (MOU) with HFX Laboratories, Inc. regarding the market development, testing and licensing of the HFX4 Hydrogen Hybrid Combustion/Fuel Enhancement Systems. The Company is currently conducting tests of the HFX4 Hybrid System. The system produces hydrogen for use as a catalyst in the vehicle’s combustion system. The hydrogen catalyst is introduced into the vehicle’s air intake to completely utilize the fuel in the combustion process. The goal is to find in EVCA’s Due Diligence, results of 20% to 35% improvement in MPG and a reduction in emissions in the range of 60%, depending on engine efficiency.
Mack Sanders, CEO of EVCARCO, stated, “W
e have continued to work on expanding and growing acceptance of environmentally friendly vehicles. With recent increases in gasoline and diesel, we expect more consumers will feel the pain at the pump and embrace our products.”
Effective November 30, 2011, the Company amended its Articles of Incorporation to increase authorized capital. The increase was necessary in order to accommodate conversion of debt taken on over the same year. As of the date of this release, significant portion of the convertible notes payable has been paid off.
For more information on EVCARCO, Inc., please view: www.evcarco.com. Shareholder inquiries should be directed to (972) 571-1624.
EVCARCO Inc. is a Future Driven® Automotive Retail Group focused on deploying a coast-to-coast network of environmentally friendly franchised dealerships, vehicles, technologies and sustainable solutions. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles from multiple manufacturers.
Forward-Looking Statement
This release contains forward-looking statements that reflect EVCARCO Inc. plans and expectations. In this press release and related comments by Company management, words like “expect,” “anticipate,” “estimate,” “forecast,” “objective,” “plan,” “goal” and similar expressions are used to identify forward-looking statements, representing management’s current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.
Investor Relations Contact:
Jack Eversull
The Eversull Group, Inc.
972-571-1624
214-469-2361 fax
jack@theeversullgroup.com
Tags: carbon reduction, electric cars, ev's, EVCA, EVCARCO, Fisker Karma, investor ideas, nissan leaf, otcbb: evca, OTCQB EVCA, Plugless power, TSLA
Posted in A123 Systems Inc. NASDAQ: AONE, Advanced Battery Technologies, (Nasdaq: ABAT ), Aerovironment (NASDAQ: AVAV), America's Car-Mart Inc (Nasdaq: CRMT), Aptera, Asbury Automotive Group Inc (NYSE: ABG), Audi, Auto Buyers, AutoNation Inc (NYSE: AN), Avis Budget Group Inc. (Nasdaq: CAR), BMW Group (OTC: BAMXY.PK), BYD Company (HKSE: 1211.HK), (OTC: BYDDF.PK), BYD E6, Bajaj Auto Ltd. (NSE: BAJAJ-AUT.NS ), BetterPlace, CNG in the News, CNG-powered vehicles, CODA, Car Charging Group (OTCBB: CCGI), CarMax Inc. (NYSE: KMX ), Charging Station, Chesapeake Energy Corp. (NYSE: CHK), Chevy Volt, Comerica Inc. (NYSE: CMA), Consumer Reports, Copart Inc. (Nasdaq: CPRT), Coulomb ChargePoint, Dollar Thrifty Automotive Group Inc. (NYSE: DTG), ECOTALITY Inc. (NASDAQ: ECTY), ELECTROVAYA INC., Toronto: EFL.TO, EV infrastructure, EVCA, EVCARCO, Electric Car, Electric Vehicle Charging System, Electric Vehicles, Ener1 Inc., Nasdaq: HEV, Enterprise Holdings, Fisker Karma, Ford EV, Ford Motor Co. (NYSE: F), Foton, Future of America, General Motors Company (NYSE: GM), Google Inc. (Nasdaq: GOOG), Group 1 Automotive Inc. (NYSE: GPI), HYBRID FUELS INC (HRID.PK), Hertz Global Holdings Inc. (NYSE: HTZ ), Honda Motor Co Ltd (NYSE: HMC), Hybrid Plug-ins, Hybrid Vehicles, Hybrids, Hydrogen Cars, Hyundai Motor Co LTD (HYMLF.PK) (HYMTF.PK), KAR Auction Services Inc. (NYSE: KAR), KIA MOTORS CORP (KIMTF.PK), Li-ion Motors Corp. (OTCBB: LIMO.OB), Lithia Motors Inc (NYSE: LAD), Mahindra & Mahindra Ltd, Mazda Motor Corp. (MZDAY.PK), Mitsubishi Motor Corp. (MMTOF.PK) (7211:JP), Mitsubishi i-MiEV, Nissan Leaf, Nissan Motor Co. Ltd (NSANY.PK), PSA Peugeot Citroen (PEUGY.PK), Penske Automotive Group Inc. (NYSE: PAG), Plugless Power, Polaris Industries Inc. (NYSE: PII), Renewable-Energy Solution, Rush Enterprises, Inc. (Nasdaq: RUSHB), SIRIUS, Saab AB (SAAB-B.ST), Sonic Automotive Inc (NYSE: SAH), Subaru, T. Boon Pickens Natural Gas Plan, TATA MOTORS Ltd. (BSE: TATAMOTORS.BO), Tazzari, Tesla, Tesla Motors Inc (Nasdaq: TSLA), Toyota Motor Corp (NYSE: TM), U.S. Department of Energy, U.S. Oil & Gas Prices, Volkswagen (VOWG.DE), ZAP, ZAP (OTCBB: ZAAP) (ZAAP.ob), ZENN (ZNNMF.pk), Zipcar Inc. (Nasdaq: ZIP), ev's | 8 Comments »
Saturday, July 9th, 2011
A new study of Gen Y drivers’ preferences looks like more bad news for the Detroit automakers.
Auto pricing site TrueCar.com tracked both the brands and individual models bought in 2009 and 2010 by Generation Y shoppers (ages 18 to 27). The results should strike fear into the hearts of U.S. auto executives: Not a single brand from a domestic automaker made the Top 10 list.
Scion, a brand set up by Toyota Motor specifically aimed at young buyers, was No. 1. (See its Scion tC above right.) Mitsubishi, a name that barely registers with older shoppers, came in second. Some other brands among the top 10, such as Honda and Volkswagen, have a long record of youth appeal. But even the Korean corporate twins Hyundai and Kia, which have recorded surging sales in recent years, appear to have extended their appeal to young buyers as well as older ones.
Though Ford, Chrysler and the General Motors brands have enjoyed big sales gains this year, the TrueCar list portends some…………..
By Jerry Edgerton | CBS MoneyWatch
See Full Story on Yahoo Auto: http://autos.yahoo.com/news/trouble-for-detroit–gen-y%E2%80%99s-favorite-cars-are-foreign.html
Here is a closer look at TrueCar’s top brands and models:
Top Brands for Gen Y Buyers
(Ranked by percentage of buyers in Gen Y)
1. Scion — 21.2%
2. Mitsubishi — 20.3%
3. Mazda — 10.7%
4. Nissan — 9.8%
5. Volkswagen — 9.6%
6. Kia — 9.1%
7. Hyundai — 8.6%
8. Honda — 8.0%
9. Toyota — 7.6%
10. Subaru — 7.3%
About EVCARCO
EVCARCO (OTCBB: EVCA) (OTCQB: EVCA) (www.evcarco.com) is an publicly traded automotive group dedicated to deploying a franchised coast-to-coast network of environmentally friendly dealerships and vehicles. For More information about EVCARCO call 877-MYEVCAR (877.693.8227).
Tags: ABG, AN, DTG, EVCA, EVCA.ob, EVCARCO, Ford Focus Coupe, GPI, Honda Civic Si, Kia Forte, Mitsubishi Lancer, PAG, SAH, Scion tC, Scion xD, Subaru Impreza, Toyota Corolla, Toyota Yaris Sedan, Volkswagen GLI
Posted in Auto Buyers, EVCARCO, Hyundai Hybrids, Kia, Mazda Motor Corp. (MZDAY.PK), Mitsubishi Motor Corp. (MMTOF.PK) (7211:JP), Nissan, Scion, Subaru, Toyota, Volkswagen (VOWG.DE) | 57 Comments »
Franchise.
e have continued to work on expanding and growing acceptance of environmentally friendly vehicles. With recent increases in gasoline and diesel, we expect more consumers will feel the pain at the pump and embrace our products.”
EVCARCO Inc. is a Future Driven® Automotive Retail Group focused on deploying a coast-to-coast network of environmentally friendly franchised dealerships, vehicles, technologies and sustainable solutions. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric, alternative fuel, and pre-owned hybrid vehicles from multiple manufacturers.
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