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Nissan Frontier Ranked Number One Compact Pickup in Vehicle Satisfaction Survey

Thu, 24 May 2012 17:31:25 +0000

Nissan Frontier Ranked Number One Compact Pickup in Vehicle Satisfaction Survey

- Leader in Mid-Size Truck Segment Hauls in Fifth Major Award in 2012 -

PR Newswire

FRANKLIN, Tenn., May 24, 2012 /PRNewswire/ -- Today Autobytel and AutoPacific announced the winners for the 16th annual Vehicle Satisfaction Award, with Nissan Frontier taking top honors in the compact pickup category. This award measures how satisfied new car and light truck buyers are with their recently purchased vehicle and is based on more than 75,000 survey respondents who objectively rate 48 key vehicle attributes on their importance when considering to purchase, as well as satisfaction after purchase.

(Logo: http://photos.prnewswire.com/prnh/20080506/NISSANBADGELOGO )

"The 2012 Frontier has earned numerous accolades for its dependability and value since its launch, and today we celebrate the distinguished honor of providing our valued owners with the highest level of overall satisfaction," said Al Castignetti, vice president and general manager, Nissan Division, Nissan North America. "This award underscores the strong commitment the company has made in delivering quality and reliability while still offering new levels of innovation, fuel-efficiency, dynamic performance and premium style to all our customers."

Combining premium hardware, extraordinary power and off-road athleticism, Frontier continues to be a leader in the mid-size truck segment. The Nissan Frontier emulates many of the Nissan Titan's full-size features, including its bold, expressive and adventurous exterior styling. Frontier utilizes signature Nissan truck themes, including an angled strut grille, large bumpers, short front and rear overhangs and large, stamped steel, geometric fender flares. The 2012 Frontier model lineup consists of Frontier S, Frontier SV, Frontier PRO-4X (4x4 models only) and Frontier SL (Crew Cab only). It is offered in both King Cab and Crew Cab body styles, in 4x2 and 4x4 driveline configurations, offering exceptional levels of family or workplace performance to fit nearly any need or budget.

"The quality of vehicles from all manufacturers has risen to the highest level in history and what delineates a car or truck is owner satisfaction," said George Peterson, president of AutoPacific. "Consumer purchases are often influenced by objective awards especially when they are based on consumer sentiment. It was our goal to get the input from as many consumers as possible because ultimately, it's the consumer's opinion that counts."

The honor from Autobytel and AutoPacific follows four other industry awards for Frontier in 2012. In addition to being listed on Insure.com's annual "Least Expensive To Insure" list, Frontier was named first in the mid-size pickup truck category in the Texas Auto Writers Association (TAWA) 2011 Texas Truck Rodeo, and to Kelley Blue Book's "Best Resale Value Award: Top Ten Models" for model year 2012. Notably, J.D. Power and Associates named Frontier as the top mid-size pickup in its 2012 Vehicle Dependability Study.

For complete details on the 2012 Autobytel and AutoPacific Vehicle Satisfaction Awards, please visit http://www.autopacific.com/awards

About the Autobytel and AutoPacific Vehicle Satisfaction Awards

The 2012 Vehicle Satisfaction Awards are based on scores developed using results from AutoPacific's national New Vehicle Satisfaction Survey. Respondents to this survey are owners of new 2012 model year cars and trucks purchased from September through December 2011. The questionnaire was administered in January and February 2012. Respondents rate 48 attributes for importance in the purchase decision and satisfaction after purchase. Over 75,000 respondents provided input for these awards.

About AutoPacific

AutoPacific is a future-oriented automotive marketing and product-consulting firm. Every year AutoPacific publishes a wide variety of syndicated studies on the automotive industry. The firm also conducts extensive proprietary research and consulting for auto manufacturers, distributors, marketers and suppliers worldwide. Company headquarters are in Tustin, California, with an affiliate office in the Detroit area.

About Autobytel Inc.

Autobytel Inc., an online leader offering consumer purchase requests and marketing resources to car dealers and manufacturers and providing consumers with the information they need to purchase new and used cars, pioneered the automotive Internet when it launched autobytel.com in 1995. Autobytel continues to offer innovative products and services to help consumers buy, and auto dealers and manufacturers sell, more used and new cars. Autobytel has helped tens of millions of automotive consumers research vehicles; connected thousands of dealers nationwide with motivated car buyers; and helped every major automaker market its brand online. Through its flagship website autobytel.com, its network of automotive sites and its respected online affiliates, Autobytel continues its dedication to innovating the industry's highest quality Internet programs to provide consumers with a comprehensive and positive automotive research and purchasing experience, and auto dealers, dealer groups and auto manufacturers with some of the industry's most productive and cost-effective customer referral and marketing programs. Investors and other interested parties can receive Autobytel news releases and invitations to special events by accessing our online signup form at http://investor.autobytel.com/alerts.cfm

About Nissan North America

In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and has been recognized as an ENERGY STAR® Partner of the Year in 2010, 2011, and 2012 by the U.S. Environmental Protection Agency. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at www.NissanUSA.com and www.InfinitiUSA.com.

About Nissan

Nissan Motor Co., Ltd., Japan's second largest Japanese automotive company by volume, is headquartered in Yokohama, Japan and is an integral pillar of the Renault-Nissan Alliance. Operating with more than 150,000 employees globally, Nissan provided customers with more than 4 million vehicles in 2010. With a strong commitment to developing exciting and innovative products for all, Nissan delivers a comprehensive range of fuel-efficient and low-emissions vehicles under the Nissan and Infiniti brands. A pioneer in zero-emission mobility, Nissan made history with the introduction of the Nissan LEAF, the first affordable, mass-market, pure-electric vehicle and winner of numerous international accolades including the prestigious 2011 European Car of the Year award.

SOURCE Nissan North America

North American Microelectric Vehicle Market's Launch of 34 New Base Models to Boost Sales by 85 Percent by 2013, Finds Frost & Sullivan

Thu, 24 May 2012 12:08:00 +0000

North American Microelectric Vehicle Market's Launch of 34 New Base Models to Boost Sales by 85 Percent by 2013, Finds Frost & Sullivan

PR Newswire

- A-segment vehicles and medium-speed vehicles forecast to become biggest revenue generators by 2017

MOUNTAIN VIEW, California, May 24, 2012 /PRNewswire/ -- Greener agendas, emission-based taxation, parking charge exemptions, and mass-produced electric vehicles are all working together to increase the sales of microelectric vehicles to a phenomenal 118,000 units by 2017 within the North American market.

New analysis from Frost & Sullivan (http://www.automotive.frost.com), Strategic Overview of the North American Microelectric Vehicles Market, forecasts a compound annual growth rate (CAGR) of 39.30 percent between 2010 and 2017.

If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

By 2013, the total count of microelectric vehicles in North America is likely to increase to 150 types, with the introduction of 34 new base models. The microelectric vehicles market has gained momentum with five out of ten global vehicle manufacturers expected to enter the market as major stakeholders.

Medium-speed vehicles (MSVs) and city electric vehicles (CEVs) are expected to experience tremendous advancement, boosted by infrastructure development, primarily through sales to private consumers.

Consumer preference for features, such as eco-friendliness and reduced vehicle ownership costs, has driven the demand for small urban vehicles powered by alternate fuels. Changing mobility trends dictated by consumers, who are battling increasing fuel prices, are encouraging vehicle manufacturers to launch larger numbers of microelectric vehicles in the North American market. At the same time, their efforts are boosted by many government subsidies and exemptions, which is expected to increase revenue.

Tighter emission controls, heavy investment costs, range anxiety, rising vehicle costs from the addition of new components as per legislative norms, and the limited speed of vehicles in the low-speed vehicle (LSV) and MSV segments restrict the capacity of original equipment manufacturers (OEMs). Safety is another primary concern; however it can be addressed through the application of stricter levels of vehicle crash-worthiness. Strict federal laws impact the long-term sale and production of MSVs, an increasingly popular category.

"The rising popularity of MSVs is affected by strict federal laws, which hinder the long-term sale and production of these vehicles," said Frost & Sullivan Industry Analyst Vishwas Shankar. "Currently, low-speed vehicles (LSVs), MSVs and A-segment vehicles are tackling this challenge by incorporating conventional engine variants with carbon dioxide emissions, thereby qualifying them for regional grants and benefits, including access to high occupancy vehicle lanes and parking charge exemptions."

This development has enabled the entire automotive industry to evolve into an era of microelectric vehicles, which also address parking space availability issues in crowded city centers. New age business models targeted at fleets could also help overcome challenges faced by the increasing sales of microelectric vehicles. Tax breaks will drive consumer sales, as tax credits will reduce vehicle prices by half, on certain low-priced models.

In North America, the focus on alternate fuel driven vehicles, the increasing cost of vehicle ownership and the presence of neighborhood electric vehicles (NEVs) is expected to propel microelectric vehicle sales several fold. Although MSVs are expected to outshine LSVs, the A-segment vehicles are expected to grow faster than LSVs or MSVs, due to their speed and power.

MSVs and A-segment vehicles have clear growth strategies to commercialize electric vehicles and thereby reduce their carbon footprint. The CEV is forecast to be the most popular class, as it meets the needs of a larger consumer group and features lower upfront costs and comparable operating costs.

Strategic Overview of the North American Microelectric Vehicles Market is part of the Automotive & Transportation Growth Partnership Services program, which also includes research in the following markets: Strategic Analysis of the European Microcars Market, Sustainable and Innovative Personal Transport Solutions - Strategic Analysis of Carsharing Market in Europe, Strategic Analysis of Passenger Vehicle Market in Malaysia, Russian and CEE Automotive Industry Outlook, Strategic Analysis of Passenger Vehicle Market in Thailand, Strategic Analysis of Passenger Vehicle Market in Indonesia, and Strategic Analysis of Passenger Vehicles Market in Vietnam. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Join Us: Join our community

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Strategic Overview of the North American Microelectric Vehicles Market

N901-18

Contact:
Jeannette Garcia
Corporate Communications – North America
P: 210.477.8427
E: jeannette.garcia@frost.com

http://www.frost.com

North American Microelectric Vehicle Market's Launch of 34 New Base Models to Boost Sales by 85 Percent by 2013, Finds Frost & Sullivan

Thu, 24 May 2012 12:08:00 +0000

North American Microelectric Vehicle Market's Launch of 34 New Base Models to Boost Sales by 85 Percent by 2013, Finds Frost & Sullivan

A-segment vehicles and medium-speed vehicles forecast to become biggest revenue generators by 2017

PR Newswire

MOUNTAIN VIEW, Calif., May 24, 2012 /PRNewswire/ -- Greener agendas, emission-based taxation, parking charge exemptions, and mass-produced electric vehicles are all working together to increase the sales of microelectric vehicles to a phenomenal 118,000 units by 2017 within the North American market.

Medium-speed vehicles (MSVs) and city electric vehicles (CEVs) are expected to experience tremendous advancement, boosted by infrastructure development, primarily through sales to private consumers.

About Frost & Sullivan

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

Join Us: Join our community

Subscribe: Newsletter on "the next big thing"

Strategic Overview of the North American Microelectric Vehicles Market
N901-18

Contact:
Jeannette Garcia
Corporate Communications – North America
P: 210.477.8427
E: jeannette.garcia@frost.com

http://www.frost.com

SOURCE Frost & Sullivan

Lotus Engineering and just-auto Continue to be 'proActive'

Thu, 24 May 2012 10:42:00 +0000

Lotus Engineering and just-auto Continue to be 'proActive'

PR Newswire

BROMSGROVE, England, May 24, 2012 /PRNewswire/ --

Issue 44 of Lotus Engineering's quarterly automotive industry e-magazine, proActive, is now available online.

The e-magazine, produced by Lotus Engineering in partnership with leading automotive industry news and research website just-auto.com, contains exclusive interviews with leading industry figures, updates on new technologies and a digest of selected industry news.

It is free to access and subscribe to.

In the latest issue just-auto editor Dave Leggett interviews Lotus F1 Team Technical Director James Allison and Lord Drayson of Drayson Racing Technologies.

Also, Richard Pearson, Jamie Turner and Peter Edwards of Lotus Engineering discuss the transition towards sustainable energy supply for all sectors. And Jason Buckley takes a look at what is standing in the way of true global vehicle production and whether modern manufacturers will ever achieve the same commonality as was seen in Ford's famous Model T.

"For this issue, the interviews yielded particularly interesting insights into motorsport from two key figures in the sector," said just-auto editor Dave Leggett. "Lord Drayson is right at the heart of a new FIA electric car racing series ('Formula E'), while James Allison was able to give us a real flavour of how things work on the technical side in a leading F1 Team."

Lotus Engineering has been working with just-auto on the proActive e-magazine since 2004. "It continues to be a great partnership," said Gary Haddon, Lotus Engineering's Head of Marketing. "The two teams have worked together very successfully to produce an e-magazine which has grown in stature with a blend of inputs from just-auto's highly respected editorial team and our own hugely knowledgeable engineers. proActive serves as an ideal platform for keeping the whole industry informed about fast-moving technological change in the automotive business and the Lotus perspective. It's also a good read."

To subscribe to the magazine click here, or visit the website to read Issue 44 and previous issues.

Aboutjust-auto.com

Established in 1999, just-auto is a leading online resource for the global automotive industry, publishing around 50 news articles, analysis features and insights every working day. Under the direction of Managing Editor David Leggett, its experienced team of journalists, consultants and analysts provide a unique blend of automotive news, interviews and research that is delivered to over 90,000 business executives per month.

Via its website, webinars and QUBE, CONSULT and PLDB research platforms, just-auto offers insight into OEM and supplier corporate strategies, manufacturing developments, in-depth management briefings, supplier technologies and innovations, component market trends and forecasts and current/future car model programmes.

About Lotus Engineering and proActive Magazine

Lotus Engineering provides comprehensive and versatile consultancy services to many of the world's OEMs and Tier 1 suppliers and is an internationally recognised automotive engineering consultancy. Global facilities include those in the US, Malaysia, China and offices in Germany and Japan. Lotus is a global high-tech company, committed to driving forward technology for both Lotus Cars and its Engineering clients, spearheading research into such areas as hybrids, electric vehicles and renewable fuels. proActive magazine has been running since 2004, providing latest news from within Lotus Engineering and the automotive industry, along with articles written by Lotus Engineers and just-auto.

To subscribe to the magazine click here, , or visit the website for previous issues.

For details of how just-auto is "helping decision makers make decisions" visit http://www.just-auto.com.

For further information and images please contact Kate Varvedo, Marketing communication manager at Aroq Limited on +44(0)1527-573-616, alternatively email kate.varvedo@aroq.com

Lotus Engineering and just-auto Continue to be 'proActive'

Thu, 24 May 2012 10:42:00 +0000

Lotus Engineering and just-auto Continue to be 'proActive'

PR Newswire

BROMSGROVE, England, May 24, 2012 /PRNewswire/ --

Issue 44 of Lotus Engineering's quarterly automotive industry e-magazine, proActive, is now available online.

It is free to access and subscribe to.

In the latest issue just-auto editor Dave Leggett interviews Lotus F1 Team Technical Director James Allison and Lord Drayson of Drayson Racing Technologies.

To subscribe to the magazine click here, or visit the website to read Issue 44 and previous issues.

Aboutjust-auto.com

About Lotus Engineering and proActive Magazine

To subscribe to the magazine click here, , or visit the website for previous issues.

For details of how just-auto is "helping decision makers make decisions" visit http://www.just-auto.com.

For further information and images please contact Kate Varvedo, Marketing communication manager at Aroq Limited on +44(0)1527-573-616, alternatively email kate.varvedo@aroq.com

SOURCE just-auto.com

Global market review of automotive HVAC - forecasts to 2026

Thu, 24 May 2012 10:21:24 +0000

Global market review of automotive HVAC - forecasts to 2026

PR Newswire

NEW YORK, May 24, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Global market review of automotive HVAC - forecasts to 2026

http://www.reportlinker.com/p0682072/Global-market-review-of-automotive-HVAC---forecasts-to-2026.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Automotive_Part_Store

This brand-new just-auto report provides a comprehensive overview of the global automotive heating, ventilation and air-conditioning sector, major suppliers, top 23 markets, technology trends and market size forecasts out to 2026. Based on exclusive interviews, primary research and proprietary data this global market study includes: Automotive OE HVAC market size estimates for the top 23* countries from 2008 to 2011 A review of the latest technological developments and market trends Regional market share data tables and commentary Country share data tables and commentary for the top 23* countries Exclusive interviews with key executives Updated profiles of the major automotive HVAC suppliers including their strategies and prospects Market size forecasts for the top 23* countries out to 2026 A choice of licensing options, including "company-wide use" which allows you to legally share the report with everyone in your organisation. An instantly downloadable PDF report One month's worth of free updates via the QUBE automotive HVAC intelligence service *The top 23 countries accounting for over 92% of global light vehicle production include: United States, Canada, Mexico, United Kingdom, Germany, Spain, Italy, France, Russia, Turkey, Czech Republic, Poland, Slovakia, Japan, China, India, Korea, Thailand, Indonesia, Malaysia, Brazil, Iran and South Africa. You can use this report to: Gain a quick overview of the automotive HVAC sector globally Prepare supply and demand forecasts Understand the size and scope of the top 23 country markets Produce internal sales plans and forecasts Hear direct from leading companies on their strategies and plans Review the latest and most significant technological developments Carry out competitive intelligence Know the key trends within the sector and what's driving them Spot opportunities and threats in this sector Get up to speed with key companies' latest activities and prospects Order this report today and receive a downloadable PDF instantly, plus 1 month's complimentary online access to any future updates via the QUBE automotive HVAC intelligence service.

What's new
Introduction
- Definition of a HVAC system
- Market overview
- Legislation drives changes in refrigerant use
- Six suppliers dominate the global market for HVAC systems
Companies
- Behr GmbH & Co. KG
- Calsonic Kansei Corporation
- Delphi Automotive LLP
- Denso Corporation
- Valeo SA
- Visteon Corporation
Markets
- Market prospects
- China - growth opportunities for HVAC suppliers
- Europe - indigenous suppliers vie for market leadership
- Japan - Denso dominates the market
- North America – domestic suppliers account for over 50% of the market
Technologies
- Automatic, standard and multi-zone air conditioning systems
  - Automatic systems
  - Multi-zone systems
  - Standard systems
- Compact and hybrid/electric air conditioning systems
- Compressor technology
  - Manufacturers
- Control systems and the user interface
- Hybrid and electric vehicle manufacturers adopt similar approaches
- Refrigerant technology
  - HFO-1234yf - Suppliers
  - Honeywell and Dupont form joint venture for new refrigerant
  - R744 has implications for compressor technology
  - The US has legislation scheduled for 2017
Forecasts
News
Interviews and insights
Tables and figures

List of tables

Fastest growing markets of air-conditioning units fitted to newly-assembled passenger cars and light vehicles, 2006-2026, (% growth)
Market volumes of air-conditioning units fitted to newly-assembled passenger cars and light vehicles, 2006-2026, ('000s units)
Volume changes of air-conditioning units fitted to newly-assembled passenger cars and light vehicles, 2006-2026, ('000s units)
Change in volume of air-conditioning units fitted to newly-assembled passenger cars and light vehicles, 2006-2026, (%)
Relative market sizes of air-conditioning units fitted to newly-assembled passenger cars and light vehicles, 2006-2026, (% share)
Market fitment/penetration rates of air-conditioning units fitted to newly-assembled passenger cars and light vehicles, 2006-2026, (%)
Change in fitment/penetration rates of air-conditioning units fitted to newly-assembled passenger cars and light vehicles, 2006-2026
Penetration levels for standard and automatic air conditioning systems, 2004 and 2010
Honeywell's comparison between the HFO 1234yf and CO2/R744 systems
Sanden at a glance
Visteon at a glance
Valeo at a glance
Denso at a glance
Calsonic Kansei's net sales by customer, 2009/10 to 2010/11
Calsonic Kansei's sales of module products, 2009/10 to 2010/11
Calsonic Kansei at a glance
Delphi net sales by segment
Behr Group at a glance
Manufacturer shares of the Japanese HVAC system market, 2010 (% of volume)
Manufacturer shares of the Japanese HVAC system market, 2008 (% of volume)
Manufacturer shares of the North American HVAC system market, 2010 (% of volume)
Manufacturer shares of the North American HVAC system market, 2008 (% of volume)
Manufacturer shares of the European HVAC system market, 2010 (% of volume)
Manufacturer shares of the European HVAC system market, 2008 (% of volume)
Manufacturer shares of the global HVAC system market, 2008 (% of volume)
Manufacturer shares of the global HVAC system market, 2010 and 2011 (% of volume)

To order this report:Automotive Part Store Industry: Global market review of automotive HVAC - forecasts to 2026

More Market Research Report

Check our Industry Analysis and Insights

Nicolas Bombourg

Reportlinker

Email: nicolasbombourg@reportlinker.com

US: (805)652-2626

Intl: +1 805-652-2626

SOURCE Reportlinker

Honda Boasts Three Of The Top Four Most-Visited New Cars On Kbb.com During Q1 2012

Thu, 24 May 2012 09:00:00 +0000

Honda Boasts Three Of The Top Four Most-Visited New Cars On Kbb.com During Q1 2012

Mirroring Sales Statistics, Honda's New CR-V, Civic, Accord among Most Popular Models with Shoppers on Kbb.com

PR Newswire

IRVINE, Calif., May 24, 2012 /PRNewswire/ -- Kelley Blue Book, the leading provider of new car and used car information, today reveals that Honda had three out of the four most-visited new cars during the first quarter of 2012 on its top-rated website, www.kbb.com. The Honda CR-V was the most-shopped new vehicle on Kelley Blue Book's kbb.com during Q1 2012, with the Civic taking No. 2 and Accord following at No. 4 during the same time period.

(Logo: http://photos.prnewswire.com/prnh/20111102/AQ99077LOGO)

"With the recent redesign of Honda's CR-V, the brand hit a home run among in-market new-car shoppers garnering more traffic than any other new car on kbb.com during the first quarter of the year," said Akshay Anand, market intelligence web analyst for Kelley Blue Book's kbb.com. "Creating popular new product supported by witty and engaging marketing efforts, Honda clearly resonates strongly with consumers."

In-market new-car shoppers have taken a strong liking to the CR-V crossover thanks to its favorable recent redesign combined with increased visibility attributed to popular advertising, such as the 'Ferris Bueller'-themed TV spot airing during the Super Bowl in February. In addition to its most-shopped status on kbb.com, the new CR-V also captured the No. 1 spot in compact crossover sales during Q1 2012.

The fuel-sipping Civic, also redesigned for 2012, undoubtedly benefitted from a spike in gas prices during the first quarter of the year. The hot-selling compact model also has been supported by steady advertising for its sporty Si version and technology-laden EX-L trim. The Civic holds the top spot in Q1 2012 sales in the highly competitive compact segment, besting the also-redesigned Ford Focus, Chevrolet Cruze, Hyundai Elantra and Volkswagen Jetta by a healthy margin.

The Accord, a perennial highly shopped stalwart, has benefitted from recent increased buzz surrounding mid-size cars. With many popular new designs hitting the mid-size class this year, including a forthcoming Accord redesign slated for fall and other hot-selling models with redesigns this year including Toyota Camry, Ford Fusion and Nissan Altima, the popular sedan segment is experiencing a renaissance. The current-generation Accord continues to show impressive sales numbers even before the debut of its redesign later this year, outselling the popular new Hyundai Sonata and Kia Optima while staying close on the heels of segment leader Camry in April 2012.

"Once the redesigned Accord arrives later this year, we could see a shakeup in the mid-size sedan category, especially as the competition heats up with the arrival of a redesigned Altima and Fusion," said Alec Gutierrez, senior market analyst of automotive insights for Kelley Blue Book's kbb.com. "Boasting three of the top 10 best-selling cars during the first quarter of 2012 combined with mirrored interest from scores of new-car shoppers on kbb.com, Honda is poised for continued success this year."

Other popular Honda models placing among the top 50 most-visited new cars on kbb.com during Q1 2012 include the Odyssey at No. 24, Pilot at No. 28 and Fit at No. 45.

The redesigned Toyota Camry reached No. 2, and Hyundai's popular Sonata climbed to No. 5, to round out the top five most-visited new cars on Kelley Blue Book's kbb.com during Q1 2012.

For more information and news from Kelley Blue Book's kbb.com, visit www.kbb.com/media/, follow us on Twitter at www.twitter.com/kelleybluebook (or @kelleybluebook), or like our page on Facebook at www.facebook.com/kbb.

About Kelley Blue Book (www.kbb.com)
Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the only vehicle valuation and information source trusted and relied upon by both consumers and the industry. Each week the company provides the most market-reflective values in the industry on its top-rated website www.kbb.com, including its famous Blue Book® Trade-In and Suggested Retail Values and Fair Purchase Price, which reports what others are paying for new cars this week. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies as well as governmental agencies. Kbb.com provides consumer pricing and information on minivans, pickup trucks, sedan, hybrids, electric cars, and SUVs. Kelley Blue Book's kbb.com ranked highest in its category for brand equity and was named Online Auto Shopping Brand of the Year by the 2012 Harris Poll EquiTrend® study. Kelley Blue Book Co. Inc. is a wholly owned subsidiary of AutoTrader.com.

SOURCE Kelley Blue Book

Speed Limiters on Semis Show Impressive Safety Benefits

Thu, 24 May 2012 07:15:06 +0000

Extensive research shows that installing and using speed limiters, also called SLs or speed governors, in large commercial trucks provides a "profound safety benefit."

May 24, 2012 /24-7PressRelease/ -- In late March 2012, the Federal Motor Carrier Safety Administration, part of the U.S. Department of Transportation, announced study findings important for the future of commercial trucking safety. Extensive research showed that installing speed limiters, also called SLs or speed governors, on large commercial trucks provides a "profound safety benefit."

Profound indeed -- the study concluded that such devices reportedly reduce crash rates by half.

An SL is an electronic device that keeps a truck engine below a programmed speed limit. SLs are already voluntarily used by some trucking companies for safety and to slow down truck wear and tear. All new trucks come equipped with SLs, but the devices are not always turned on.

Supporters

Speed-limiter devices are supported by the American Trucking Associations, the biggest U.S. trucking-industry trade organization that advocates for trucking interests at the state and federal levels. In fact, the ATA has asked the federal government to order that all large trucks made after 1992 use speed limiters. ATA President Bill Graves calls speed the "single greatest contributor to highway crashes."

Important Statistics

The study's summary cites governmental findings that underscore the obvious danger of a multi-ton vehicle hurtling down the highway at excessive speed -- defined as either more than the posted speed limit, or too fast for road or weather conditions:

- In 2009, speeding was a factor in 8 percent of reported semi-truck accidents.

- In 2006, almost a quarter of all commercial-truck crashes and more than 10 percent of large-truck accidents with passenger vehicles were reported to involve travel speeds unsafe for the conditions.

Sobering. According to thetruckersreport.com, the legal weight limit for an 18-wheeler is 40 tons (with some receiving permits to drive even heavier), compared with the average weight for a car of about 5,000 pounds.

Study Findings

The current study is actually phase two of a larger project. For this phase, the FMCSA called on the American Transportation Research Institute and the Virginia Tech Transportation Institute to carry out the research. One of the main objectives was to "identify SL effects in reducing the severity and frequency of crashes." Among other things, the study reviewed truck-carrier data from the years 2007 to 2009 involving about 138,000 trucks and more than 15,000 crashes.

Data analysis was careful and complex. Ultimately, the study concluded that "results across analyses indicated a strong, positive safety benefit for SLs."

Future of Speed Limiters

Speed limiters seem here to stay. Truckers are already voluntarily using them and the results of the federal study would seem to support the possibility of governmental trucking regulations being strengthened to require more SL use. Such a regulatory move is being aggressively pushed by the ATA, the Truckload Carriers Association and safety advocates.

ATA, Road Safe America and trucking carriers filed formal petitions with the National Highway Traffic Safety Administration requesting SL regulations. In early 2011, the NHTSA combined the petitions and announced it would begin the official federal rulemaking process. The agency indicated it was motivated by responses received in a previous request for public comments on the proposal to require SLs in large, commercial trucks. The proposal discussed was to cap the speed of such trucks at 68 mph.

The public comments (almost 4,000) included support from private citizens with experience in truck accidents either personally, or through close relatives and friends, as well as from some trucking companies and road-safety advocates. In addition to safety, another strong reason for SL support is fuel efficiency and environmental impact.

A variety of grounds for challenging the SL-mandate proposal was also included in the comments, especially from independent truckers. Reasons for opposition included the high cost of SL equipment (which the current study disagreed with) and objection to cars being exempt from the requirement.

The agency indicated it would publish a "Notice of Proposed Rulemaking" in 2012, which would begin the extensive and detailed procedures associated with the creation of federal regulations. But whether the rule is actually passed will remain to be seen depending on what happens in the rulemaking process, said the agency.

As of the date of this writing, no rulemaking proposal has been officially issued yet. In the meantime, if you are involved in an accident with a commercial truck, be sure to consult with a personal injury attorney with experience in truck accidents. You will want to be sure your accident is properly investigated and that your rights are preserved.

Article provided by Manuel Gonzales, P.C.

Visit us at www.attorneymanuelgonzales.com/

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Teens Have Unrealistic Views About Distracted Driving, Study Finds

Thu, 24 May 2012 07:14:48 +0000

A Bridgestone Americas study finds that teenage drivers have distorted views about distracted-driving accidents.

May 24, 2012 /24-7PressRelease/ -- Distracted driving is a problem that affects even the most experienced drivers, so it's not surprising that newly-minted teenage drivers -- who often have trouble controlling their impulses -- are susceptible to driving while distracted.

According to AAA, the most common distractions among teenage drivers are using electronic devices (for both talking and texting), adjusting controls in the car, and eating or drinking.

Teens Don't Believe Distracted Driving Is a Problem

Despite the research that shows that teenage drivers engage in distracted driving, they believe they are immune to getting into accidents related to their distractions.

"People often believe they drive safely and responsibly, especially our newest drivers," said Angela Patterson of Bridgestone Americas in a statement. "However, we need to reinforce that it only takes one time -- one sip of coffee, one change of the radio station, one glimpse at the cell phone -- to cause or be involved in a crash that could have dire consequences."

In order to collect teenage drivers' views about distracted driving, Bridgestone surveyed over 2,000 drivers aged 15 to 21. The study, which was recently released in conjunction with the U.S. Department of Transportation, found that:

- Although 83 percent of respondents agree that texting while driving is "very dangerous," 27 percent of females and 11 percent of males admit to sending texts while driving. In addition, 38 percent of the female drivers and 17 percent of the male drivers read texts while driving.

- 18 percent of the teens surveyed say that they engage in distracted driving because everyone else does it.

- One-quarter of the teens do not think talking on the phone while driving is dangerous.

- Many teenagers don't think that taking one hand off the steering wheel to eat, drink or change the radio station counts as a distraction.

In addition, researchers found that many teens believe they are good drivers because they haven't been pulled over and haven't gotten into accidents yet. Also, two-thirds of the young drivers say that they believe they are "very safe" drivers.

But statistics don't support this assertion. Although teens tend to believe that they're invincible, research from the Insurance Institute for Highway Safety, or IIHS, shows that motor-vehicle crashes are the leading cause of death for teens aged 13 to 19. In 2009 alone, almost 3,500 teens were killed in car accidents.

Article provided by Miller & Ogorchock, S.C., Attorneys at Law

Visit us at www.miller-ogorchock.com

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GetMeTires.com is the Only Place Where You Can Compare Prices from Multiple Dealers in Real Time!

Thu, 24 May 2012 07:10:09 +0000

Local tire dealers compete for your business! We collect inventory from reputable, local tire dealers and bring them to you on our website Only pay a small deposit online. No shipping fees. No hidden charges. Guaranteed installation prices.

MARKHAM, ON, May 24, 2012 /24-7PressRelease/ -- GetMeTires.com is the only place where you can compare prices from multiple dealers in real time!

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Reckless and Wrong Way Driving Could Become Felonies in New York

Thu, 24 May 2012 07:10:00 +0000

A law that would make reckless driving and wrong-way driving a felony offense recently passed the New York Senate and is waiting for approval with the state Assembly.

ALBANY, NY, May 24, 2012 /24-7PressRelease/ -- Be careful making a right hand turn on a one-way street in New York, because if new legislation is passed, you could end up in jail for a long time. New York drivers take note, if you drive recklessly enough, you may lose your right to vote--indeed, you may become a felon.

A few months ago, the New York State Senate passed legislation that makes wrong-way driving and other reckless driving a felony offense.

A felony is a very serious offense; most states, including New York, require imprisonment for over a year for a felony. And once you have a felony conviction on your record, it can be challenging to pass background checks for new employment or rental housing. One's livelihood should not be put on the line all because of a traffic violation conviction.

The proposed law also dramatically changes the punishment requirements for reckless driving. Previously, reckless driving was only a class A misdemeanor, with a maximum prison sentence of up to 30 days. Under the new legislation being convicted for reckless driving could result in up to four years in prison.

In New York reckless driving includes drivers who, knowingly or due to intoxication, drive against the flow of traffic. Other ways to be charged with reckless driving are to exceed the speed limit by more than 30 miles an hour while under the influence of alcohol or while racing.

As of April 2012, the proposed bill remained with the state Assembly.

Regardless of whether it is passed, it is important for all New York drivers to remember that an arrest is only an accusation. It does not mean that someone is guilty of the crime charged. If you have been charged with reckless driving or any other criminal traffic violation, protect your rights by talking to an experienced New York traffic defense attorney.

The Law Offices of Mark J. Sacco, PLLC

38 North Ferry Street

Schenectady NY 12305

11 North Pearl Street

Albany NY 12207

518-631-3025 (local)

866-802-4863 (toll free)

Web: http://www.trafficlawyerny.com

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Ford, Microsoft Tout Focus Electric Technologies as the Future of More Affordable, Efficient Transportation

Thu, 24 May 2012 04:01:00 +0000

Ford, Microsoft Tout Focus Electric Technologies as the Future of More Affordable, Efficient Transportation

PR Newswire

LAGUNA BEACH, Calif., May 24, 2012 /PRNewswire/ --

Ford and Microsoft appearing this week at the Future in Review Conference (FiRe) – a forum for leading technology experts – to demonstrate how the new 2012 Focus Electric's technologies can help address future global transportation challenges
Customers can charge the Focus Electric in half the time of Nissan Leaf due to the car's higher-capacity on-board charger and at a reduced cost thanks to Microsoft's value charging technology – a key benefit of the MyFord® Mobile app
MyFordMobile users can monitor charging, receive alerts, find charge stations, plan trips and more from their smartphones or computers, making the transition to a battery electric vehicle lifestyle effortless
Focus Electric is rated America's most fuel-efficient five-passenger vehicle with an EPA-estimated 110 MPGe city while offering more motor power, passenger room and standard features than Nissan Leaf

As the first Focus Electric gas-free models arrive at dealerships, Ford and Microsoft executives are highlighting the car's connectivity and recharging technologies as the kind of innovations required to help address global transportation challenges such as congestion and oil dependency.

The executives are joining other technology leaders through Friday at the Future in Review Conference (FiRe), a forum to discuss ways to solve even bigger looming issues such as global gridlock that could happen in major cities if urbanization and vehicle ownership growth continue unchecked.

"Ford and Microsoft continue to demonstrate the importance of marrying automobiles with creative technologies such as the features built into SYNC® and MyFord® Mobile that help people stay connected to their digital lives," says Sheryl Connelly, Ford Global Trends manager. "These innovations will be even more important in a future where urbanization and growing vehicle ownership could literally grind major cities to a halt around the world."

"Microsoft technology is opening up new possibilities for the connected car in areas that both augment and transcend today's systems," says Ben Smith, director of program management for Windows Embedded at Microsoft. "From using simple voice commands to navigate to the nearest coffee shop or manage the interior temperature, to using the vehicle's on-board technology to find the most economical place to charge up, Microsoft and Ford are changing the way people interact with their vehicle."

Ford and Microsoft jointly released the first generation of SYNC in 2007 as part of a shared commitment to creating a better-connected car experience through the Ford SYNC software platform. SYNC has been a hit with customers since the initial version was launched in late 2007, with more than 4 million Ford vehicles now equipped with SYNC.

Combining forces on EVs

SYNC is one of many technology features available on the gasoline-free 2012 Ford Focus Electric and is shared across Ford's electrified vehicle lineup. SYNC with MyFord Touch® offers multiple ways – including voice commands – for customers to manage and control their phone, navigation, entertainment and climate functions. Plug-in hybrids and all-electric models have additional options for monitoring information like battery state of charge.

Additionally, Ford Focus Electric customers have access to MyFord Mobile, which is accessible via smartphone or Web-based interface to perform key tasks. This mobile application can monitor a vehicle's state of charge or its current range, locate charge stations and plan routes.

Off-peak charging

The MyFord Mobile app harnesses the power of cloud computing through another unique capability developed with Microsoft called value charging.

With value charging, the app keeps track of when participating local utilities switch to lower off-peak charging rates, helping to minimize costs by helping owners in the U.S. charge their vehicles at the cheapest utility rates.

Drivers can enable a single setting in the app and then plug in their cars without ever worrying about what time the rates change in their area. The network monitors utility rate schedules and automatically transmits a signal to the vehicle through embedded cellular connectivity to start charging at the lowest cost.

"The MyFord Mobile Microsoft value charging technology can help save customers money now and, in the future, lessen the pressure on our infrastructure as more electrified vehicles hit the streets," says Bill Frykman, Product & Business Development, Ford Connected Services.

The MyFord Mobile app will be available for use on most major smartphone platforms including Android, BlackBerry and iPhone. The same capabilities can also be accessed through a mobile Web app for other platforms as well as a secure Ford website.

Retail production of Focus Electric began in May at Ford's Michigan Assembly Plant in Wayne, Mich. After first being available in California, New York and New Jersey, Focus Electric will be available in 19 markets across the U.S. by summer's end, nationwide by the end of the year. More information about Ford's electrified vehicle lineup can be found online here.

About Ford Motor Company

Ford Motor Company (NYSE: F), a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 166,000 employees and about 70 plants worldwide, the company's automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products worldwide, please visit http://corporate.ford.com.

SOURCE Ford Motor Company

Johnson Controls announces quarterly dividend

Wed, 23 May 2012 18:59:07 +0000

Johnson Controls announces quarterly dividend

PR Newswire

MILWAUKEE, May 23, 2012 /PRNewswire/ -- The Board of Directors of Johnson Controls, Inc. (NYSE: JCI), a global diversified company in the buildings and automotive industries, has authorized a regular quarterly cash dividend of $0.18 per common share. The dividend is payable July 3, 2012 to shareholders of record at the close of business on June 8, 2012.

Johnson Controls has paid consecutive dividends since 1887.

About Johnson Controls:

Johnson Controls is a global diversified technology and industrial leader serving customers in more than 150 countries. Our 162,000 employees create quality products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. Through our growth strategies and by increasing market share we are committed to delivering value to shareholders and making our customers successful. In 2012, Corporate Responsibility Magazine recognized Johnson Controls as the #5 company in its annual "100 Best Corporate Citizens" list. For additional information, please visit http://www.johnsoncontrols.com.

CONTACT:

Fraser Engerman

414-524-2733

fraser.engerman@jci.com

SOURCE Johnson Controls

Hertz First to Offer Volkswagen Jetta TDI® Clean Diesel

Wed, 23 May 2012 17:36:00 +0000

Hertz First to Offer Volkswagen Jetta TDI® Clean Diesel

- New Green Traveler Car Has 42 Highway MPG and 600 Mile Cruising Range -

PR Newswire

PARK RIDGE, N.J., May 23, 2012 /PRNewswire/ -- Hertz (NYSE:HTZ), the world's largest general use airport car rental brand, announces the introduction of the 2012 Volkswagen Jetta TDI clean diesel car into its Green Traveler Collection, becoming the first rental car company to make clean diesel vehicles available for rent in the US. The clean diesel engine gets 42 MPG on the highway and has a range of 600 miles per tank.

(Logo: http://photos.prnewswire.com/prnh/20110810/NY50373LOGO )

"Hertz has one of the largest, most fuel-efficient fleets in the industry with 68% of our cars getting 30 MPGs or better," commented Mark P. Frissora, Hertz Chairman and Chief Executive Officer. "With the addition of the Jetta TDI Clean Diesel, Hertz's Green Traveler Collection has an average fuel efficiency of 58 MPGs, providing travelers with a variety of cars that are fuel-efficient and that use clean, low-emission technology. Smart mobility rental choices are an integral part of Hertz's sustainability strategy to reduce the environmental impacts of driving, without compromising convenience or customer needs."

Available in select off-airport locations, the Jetta TDI's Clean Diesel engine is a fuel-efficient powerhouse, generating 236 lbs/ft of torque for a responsive driving experience without compromising efficiency. The TDI Clean Diesel engine produces 90% less air pollution than diesels of old and the car's high efficiency, comparable to or higher than many hybrids, allows it to deliver a lower fuel cost per mile than many conventional vehicles.

Recently voted Best Green Options in the Zagat 2012/13 U.S. Car Rental Survey, Hertz's Green Traveler Collection taps into the increasing demand by consumers to live more eco-conscious lifestyles. To help differentiate and define the category, all cars in the collection are EPA SmartWay-approved and the collection is comprised of hybrids, including the Toyota Prius and Camry and the Nissan Altima; electric vehicles, including the smart fortwo Electric Drive, Nissan LEAF, and Chevy Volt; compressed natural gas (CNG) vehicles, including the Honda Civic Natural Gas and the GMC Yukon; and, now, clean diesel vehicles. Hertz was the first car rental company to introduce electric vehicles into its fleet in December 2010.

Hertz's corporate sustainability strategy, "Living Journey", positions Hertz to be the leader in sustainable mobility and equipment solutions through various strategic initiatives that integrate sustainability best practices throughout the Company, including:

Smart Mobility: Hertz is committed to providing vehicle rental options that are fuel efficient and use clean, low-emissions technology such as Electric Vehicles (EVs), hybrids, and clean diesel.
Environment: Minimize Hertz's environmental footprint and operating costs through efficiency improvements, resource management and renewable energy production.
Community: Dedicated to creating a positive impact and enhancing the communities Hertz serves by giving back through philanthropic and volunteer efforts.

Hertz's sustainability website (http://www.hertzlivingjourney.com) highlights Hertz's achievements and plans in the sustainability arena, which includes energy-efficiency improvements such as lighting and HVAC upgrades, utilizing LEED building standards for Hertz construction projects, solar energy production, global recycling efforts, and delivering fuel-efficient fleet choices to consumers.

Operating one of the youngest and most diverse fleets in the industry, Hertz is committed to offering its customers the most technologically innovative products and services available including its 'Carfirmations' mobile SMS text/email service that confirms a Gold member's reservation and advises them of their car and location prior to arrival at the Hertz facility; 'Choose Control' Gold Choice that gives Gold members the power to keep the car they reserved or simply choose a different car from the 'Gold Choice' area; 'Zap Technology' e-Return which emails the customer his/her receipt, ensuring the fastest car rental drop off ever; and 'Acceler-Rental' ExpressRent Interactive Kiosks that let customers rent a car, with or without a reservation, through a live, face-to-face video kiosk. Additionally, Hertz pioneered vehicle specific reservation capabilities via its Collections and has the largest fleet of make and model reservable cars in the industry.

About Hertz
Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,650 corporate and licensee locations in approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. In addition, the Company has sales and marketing centers in 60 countries which promote Hertz business both within and outside such country. Product and service initiatives such as Hertz Gold Choice, Hertz #1 Club Gold®, NeverLost® customized, onboard navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company's Adrenaline, Prestige and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market with its service now referred to as Hertz On Demand which rents cars by the hour and/or by the day, at various locations in the U.S., Canada and Europe. Hertz also operates one of the world's largest equipment rental businesses, Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 325 branches in the United States, Canada, China, France, Spain and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing fleet leasing and management services.

To make car rental reservations or for more information, customers can call their travel agent, or call Hertz toll-free at 1-800-654-3131. Information and reservations are also available on the web at www.hertz.com.

www.hertz.com
www.hertzlivingjourney.com

SOURCE Hertz

Lithium Batteries Prices Plunge To Displace Lead Acid Batteries In The Storage Markets

Wed, 23 May 2012 13:04:22 +0000

/EINPresswire.com/ Plunging prices and increased demand from electric and hybrid vehicle manufacturers with a growing demand in the energy storage markets has positioned lithium to displace lead acid battery as market leader in the next few years. Only two years ago the price of $1,000 per kWh of lithium batteries was the norm, this year automakers are reporting 2013 quotations to be as low as $600 per kWh, with companies like Balqon Corporation already selling lithium iron phosphate batteries at $300 per kWh, a goal that experts thought was decades away.

Lithium battery worldwide revenues have doubled from $10 billion in 2009 to over $20 billion in three short years. Current estimates indicate that lithium battery manufacturers have geared up to capacity of $30 billion in batteries by 2015. Although lithium batteries are most known for their use in electric vehicles or lap top computers, yet the highest growth is expected to be in the stationary power and energy storage industry.

Electric vehicle market is benefitting from the lower lithium battery cost due to rapid growth in large energy storage system installations worldwide. In addition new markets such as cell towers, backup generator systems, and energy storage systems are rapidly replacing diesel powered generators and/or lead acid batteries with lithium battery packs.

Automotive EV manufacturer such as Balqon Corporation have quickly added energy storage to their product offerings, taking advantage of the cost parity of lithium batteries with lead acid batteries. New revenue streams generated utilizes existing electric vehicle experiences in the power management, inverter technology, and charging and battery management systems to stationary energy storage systems.

Earlier this year Balqon Corporation (BLQN.OB) installed a 1.1 mWh system at University of Riverside demonstrating its expertise in the energy storage sector. Last month the company also received an order for $630,000 from Port of Los Angeles to replace lead acid batteries with lithium batteries and also began shipment of 30 kWh lithium battery systems for mobile cell towers in USA, South Africa, Australia, India and Bangladesh. While Balqon is creating strategic partnerships with automotive OEM's in Asia and Europe it is at the same time seeking strategic partnerships in the renewable energy markets to develop new markets for its core technologies.

Lithium batteries have three times the life of an equivalent sealed lead acid battery and five times charge and discharge rates, key features for energy storage markets. With industrial sector products like forklifts, utility vehicles, UPS systems, golf carts and airport equipment manufacturers eagerly integrating lithium batteries into their product lines, replacing lead acid batteries, there is a a whole new revenue stream for EV manufacturers to explore during the next few years.

Where adoption of electric vehicles might still be in its infancy, lithium batteries are an efficiency multiplier for the energy storage markets. Battery manufacturers in United States have struggled to maintain cost competitiveness with their Asian competitors in this battery commodity market, it maybe that electric vehicle manufacturer lead the effort and take advantage of this opportunity in the energy storage market.