EVCARCO (OTC.BB:EVCA), a publicly held company in alternative energy vehicles, has approved the expansion of EVCARCO operations into South America. The company has appointed Bogota, Colombia as its base of operations for the Texas Corporation.
The company, which is focused on alternative energy vehicles, has seen a dramatic increase in inquires from South America as well as specific government requests to supply all electric units for fleet use.
Scott ONEAL, COO, stated, “After visiting South America, and meeting in Colombia with government officials, I was impressed at the willingness and desire to create alternative energy fleets in several branches of government. It is the perfect time for EVCARCO to expand into these countries, noting that, in some countries, gas prices are nearly double U.S. regulated prices, making alternative fuel options financially viable even in developing nations.
Dale Long, CEO, stated, “The environment is a global problem which is why we are looking at areas that need our products the most, when we look at Mexico City, Mexico with a 28 million population or Lima, Peru, we see huge requirement for Real World Solutions, which is why we are now poised to enter the market.”
EVCARCO is the first automotive retail group dedicated to deploying a coast-to-coast network of eco-friendly dealerships and vehicles. EVCARCO is bringing to market the most advanced clean technologies available in plug-in electric and alternative fuel vehicles. EVCARCO has developed a dealer network allowing growth into most US States by 2012.
AutoNation, Inc. (NYSE:AN), America’s largest automotive retailer, reports that its retail new vehicle unit sales in August 2010, as reported to the applicable automotive manufacturers, totaled 18,669, a decrease of 17% as compared to August 2009, which benefited from the highly successful Cash for Clunkers program.
Retail new vehicle unit sales in August 2010 for AutoNation’s operating segments were as follows:
5,451 for Domestic, down 10% versus August 2009 (excluding estimated impact of Cash for Clunkers, the increase was 39%).
9,976 for Import, down 25% versus August 2009 (excluding estimated impact of Cash for Clunkers, the increase was 15%).
3,242 for Premium Luxury, flat versus August 2009 (excluding estimated impact of Cash for Clunkers, the increase was 6%).
On a sequential basis, AutoNation’s August 2010 average daily new unit sales increased to 644 per day versus 597 in July 2010.
AutoNation, Inc., headquartered in Fort Lauderdale, Fla., is America’s largest automotive retailer. A component of the Standard and Poor’s 500 Index, AutoNation owns and operates 251 new vehicle franchises in 15 states.
Copart (Nasdaq:CPRT) sells vehicles for a variety of consignors including finance companies, banks, dealers, fleets, rental car companies and the insurance industry. Copart also sells vehicles for the public through its fast, easy service called CopartDirect, and for franchised and independent auto dealers through its Copart Dealer Services (CDS) division. We have more than 140 facilities throughout the United States, Canada, and the United Kingdom, allowing us to be closer to both our Members and Sellers. We utilize a UK website to remarket vehicles in Europe.
Copart was founded in 1982 by CEO Willis J. Johnson, a true American success story. Johnson grew up learning about business from his father � an entrepreneur who dabbled in everything from dairy farming to running restaurants and building houses. Johnson took that entrepreneurial spirit, along with a strong work ethic and a passion for change, and started Copart with just one salvage yard in California. In 1994, he took Copart public, raising the money needed to expand the company across the United States. The development of VB2 transformed Copart from a salvage vehicle auction company into a technology company offering a global remarketing platform that links buyers and sellers around the world.
Johnson’s vision has helped Copart tear down barriers that make it difficult or time-consuming to sell or buy cars. Copart is also dedicated to something called “legendary service” � service that leaves our customers going “WOW! How did they do that?”
Copart’s success has earned us a place on Forbes “200 Best Small Companies” list nine years in a row. Copart was also featured on the television show, World’s Best as “The World’s Best Remarketing Company.”
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