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Latest Green Automotive Co (GACR) Headlines G

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Posted On: 03/09/2014 10:39:07 PM
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Latest Green Automotive Co (GACR) Headlines



Green Automotive Company Signs Binding Agreement to Acquire UK Based Parts Remanufacturing Business Transhock Ltd

Business Wire - Tue Mar 04, 7:02AM CST

Green Automotive Company (OTCQB: GACR),today announced that it has signed a binding agreement to buy Transhock Ltd., a well established re-manufacturer and distributor of vehicle parts and accessories based in the West Midlands in the UK, the heart of the UK Automotive Industry. The company reported circa $7m+ of Revenues for the year ended 31st March 2013 (to UK GAAP), and was both profitable and cashflow positive. The transaction will be earnings accretive to GAC and was paid for with $1.8m in equity. For Green Automotive this acquisition presents an opportunity to strengthen its position in the growing market for recycling vehicle parts and in particular to extend, and develop its range of remanufactured parts for electric vehicles, especially in the area of battery technology.



Green Automotive Company's Subsidiary Newport Coachworks Hits Record Sales at the LCT Show in Las Vegas

Business Wire - Mon Feb 24, 6:46AM CST

Green Automotive Company's (OTCQB:GACR) Californian subsidiary Newport Coachworks was one of the major exhibitors at last week's LCT Show, one of the largest shuttle and charter events, where the company presented its shuttle bus range on a 2500 sq. ft. exhibition space. Newport Coachwork's display of innovative and high quality shuttle and limo buses saw over 450 bus operators visit their stand from the US, Canada, France, and a number of other regions: During the show, the company took orders for over $1.6 Mio.



Green Automotive Company Signs Binding Agreement to Acquire Blackhawk Manufacturing Inc. at the LCT Show in Las Vegas

Business Wire - Tue Feb 18, 8:00AM CST

Green Automotive Company (OTCQB: GACR), has signed a binding agreement to buy California and Mexico-based Blackhawk Manufacturing Inc. and its affiliated companies. Blackhawk is one of the foremost manufacturers of specialist composite materials with facilities in Bloomington CA and Tijuana Mexico and is generating sales of circa $5m per annum.



Form 144: Filing to Sell 4244515 Shares of Green Automotive Co Corp (GACR)

Vickers Stock Research - Fri Feb 14, 4:16AM CST

New York, NY - February 14, 2013 - Interpublic Group (NYSE: IPG) senior management will present at the Deutsche Bank 2013 Media, Internet & Telecom Conference on Monday, March 4th, 2013, at 10:50 am Eastern time, as scheduled.



Green Automotive Company's Subsidiary Liberty Electric Cars Launches Its "E-Care" Program in France

Business Wire - Tue Feb 11, 8:00AM CST

Green Automotive Company (OTCQB: GACR), today announced that its UK subsidiary LIBERTY ELECTRIC CARS (www.liberty-ecars.com) has launched its widely acclaimed program for the support of all types of electric vehicles known as Liberty E-Care in France.



Cabot Launches Two New PROPEL(TM) Carbon Black Products for Tire Applications

Business Wire - Tue Feb 11, 2:00AM CST

Cabot Corporation (NYSE: CBT) announced the launch of two new carbon black products for tire tread applications. PROPEL(TM) E7 carbon black is engineered to reduce tire rolling resistance and improve vehicle fuel economy. PROPEL(TM) D11 carbon black is designed to provide a high level of tread durability and is well suited for use in both short-haul truck and off-the-road vehicle tires. Cabot will showcase these new products at Tire Technology Expo 2014, February 11-13, 2014, in Cologne, Germany.



Green Automotive Company CEO Issues Letter to Shareholders

Business Wire - Thu Jan 30, 8:52AM CST

Green Automotive Company (OTCQB: GACR) announces that its Chief Executive Officer, Ian Hobday, sent today the following letter to the shareholders of the Company:



Green Automotive Company Announces the Launch of Its 100% Electric Shuttle Bus in Las Vegas Mid February

Business Wire - Tue Jan 28, 8:45AM CST

Green Automotive Company (OTCQB: GACR), a state-of-the-art niche vehicle design, engineering, manufacturing, and sales company, driving innovation in the use of cutting edge zero and low emission technologies, today announced that its Californian subsidiary Newport Coachworks is planning to launch its 100% electric shuttle bus at the LCT Show in Las Vegas.



Green Automotive Company's Subsidiary GoinGreen Signs Exclusive Distribution Agreement with US Motorcycle Manufacturer

Business Wire - Thu Jan 23, 7:00AM CST

Green Automotive Company (OTCQB: GACR), announced today that its UK subsidiary GoinGreen (www.goingreen.co.uk) has signed an exclusive distribution agreement for the UK market with the American electric motorcycle manufacturer Brammo.



Green Automotive Company Announces That It Will Issue 10 Year Bond

Business Wire - Wed Jan 22, 6:50AM CST

Green Automotive Company (OTCQB: GACR), a state-of-the-art niche vehicle design, engineering, manufacturing, and sales company, driving innovation in the use of cutting edge zero and low emission technologies, today announced that it has retained the services of Securities Compliance Group Ltd in Chicago, Illinois to create a 144A bond for GACR that will be sold to QIBs (qualified institutional buyers). The bond will be sold by several broker dealers globally and will be used in the implementation of Green Automotive's future growth and acquisitions.



Green Automotive Company Announces That It Has Been Selected Top Stock by Wall-Street.com

Business Wire - Tue Jan 21, 9:00AM CST

Green Automotive Company (OTCQB: GACR), announced today that the company has been selected as one of the top 6 stocks of the month by Wall-Street.com. Green Automotive is featuring on the homepage of the Wall-Street.com website under "The best 6 stocks." http://www.wall-street.com/



Green Automotive Company Announces Availability of WallStreet Research Analyst Report Released at www.WallStreetResearch.org Recognizing the Potential Value of Green Automotive's Expected Electric Shuttle Bus Introduction

Business Wire - Tue Jan 14, 7:00AM CST

Green Automotive Company (OTCQB: GACR) today announced that WallStreet Research(TM) ("WSR"), a prominent research boutique led by Mr. Alan Stone, Managing Director of Alan Stone & Company LLC ("ASC"), has commenced research coverage of the Green Automotive Company. The analyst report, together with additional information about WallStreet Research, is available at the www.WallStreetResearch.org website.



Green Automotive announces acquisition of 21.63% share in Viridian Motor Corporation

M2 - Fri Jan 10, 7:02AM CST

Green Automotive Company (OTCQB:GACR), a company that designs, engineers and manufactures electric vehicles with zero and low emission technologies, has acquired 21.63% of Viridian Motor Corporation (VMC), it revealed on Thursday.



Green Automotive Company Acquires Minority Share in US Electric Truck Manufacturer Viridian Motor Corporation

Business Wire - Thu Jan 09, 2:56PM CST

Green Automotive Company (OTCQB: GACR), today announced that it has acquired 21.63% of Viridian Motor Corporation (VMC), a US-based electric truck manufacturer. Thanks to this alliance, the company continues to follow its strategy to become a leading player in electric vehicle niche markets.



Green Automotive Company Subsidiary Launches Brand New Electric Vehicle

Business Wire - Wed Dec 11, 11:00AM CST

--The ideal electric car designed for the city to make daily life easier



Green Automotive Company Closes $500,000 Investment from Ironridge Global

Business Wire - Thu Dec 05, 11:00AM CST

Green Automotive Company (OTCQB: GACR), a state-of-the-art niche vehicle design, engineering, manufacturing, and sales company, driving innovation in the use of cutting edge zero and low emission technologies, today announced that it has settled trade payables in excess of $500,000, removing these obligations from its balance sheet in exchange for the issuance of shares of its common stock to Ironridge Consumer Co., a division of Ironridge Global IV, Ltd. ("Ironridge"), an institutional investor specializing in direct equity investments in consumer product companies.



EU Selects Green Automotive's Liberty Electric Cars to Participate in Prestigious Epsilon Program

Business Wire - Tue Nov 26, 9:29AM CST

Green Automotive Company (OTC: GACR) announced today that its subsidiary, Liberty Electric Cars, has been chosen by the European Union to be a major partner in the prestigious epsilon innovation program. Selected due to the company's leading electric vehicle design and engineering accomplishments, the project's ultimate goal will be to successfully develop a small electric passenger vehicle that optimizes safety, performance and comfort features while integrating all the benefits of a lightweight unique body construction. The project will be co-funded by the 7th Framework for Research and Technological Development, which is the EU's main arm for financially supporting essential research throughout the continent.



Green Automotive Company announces revenue rise over 1000% for Q3 2013

M2 - Mon Nov 18, 4:54AM CST

Green Automotive Company (OTCQB:GACR), a technology development, engineering and design company focused on zero and low emission vehicle solutions, on Friday reported that revenues for its third quarter ended 30 September 2013 were USD1.02m, 1000% increased from the revenues of USD78,966 for the comparable quarter in 2012.



Green Automotive Company Revenues Rise over 1000% for Quarter Ended September 30, 2013

Business Wire - Fri Nov 15, 11:26AM CST

Green Automotive Company (OTCQB: GACR), a cutting edge technology development, engineering & design company with a focus on zero and low emission vehicle solutions (http://www.greenautomotivecompany.com/), today announced that revenues for its 3rd quarter ended September 30th, 2013 had broken the $1m barrier for the first time and were recorded at $1,018,823 as compared to $78,966 for the comparable quarter in 2012. Operating losses when adjusted for the non-cash impact of share based compensation had improved dramatically from a loss of $(4,883,298) in Qtr 3 2012 to a loss of $(776,123) in Qtr 3 2013. On YTD basis, the Operating losses when adjusted for the non-cash impact of share based compensation have improved from a loss of $(5,258,639) YTD Sept 2012 to a loss of $(1,656,644) YTD Sept 2013.



Green Automotive Company Appoints Two New Board Members

Business Wire - Fri Oct 25, 8:00AM CDT

Green Automotive Company (OTC: GACR) today announced that it has appointed business leaders Peter C. Leeds and Carter Read to its Board of Directors.



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