“Global Green Cars' 2010 G-3 All-Electric Truck Reviewed in USA TODAY's ... - MSN Money” plus 4 more

Global Green Cars' 2010 G-3 All-Electric Truck Reviewed in USA TODAY's ... - MSN Money
Mo. governor to discuss auto task force findings - MSN Money
Insurance Companies' Policies on 'Total Loss' Improve Supply of ... - PR Newswire
Kbb.com Kicks Off Football Season With Top 10 New Tailgating Cars - PR Newswire
5-vehicle wreck shuts down University Ave. Teen accused of stealing ... - Gainesville Sun

Global Green Cars' 2010 G-3 All-Electric Truck Reviewed in USA TODAY's ... - MSN Money

Posted: 09 Sep 2009 08:20 AM PDT

Green Star Products, Inc. (PINKSHEETS: GSPI) and Global Green Cars, Inc. (GGCI) announced that the September 3rd Labor Day weekend edition of USA Today reviewed the 2010 G-3 Plug-in Electric Truck.

The "Cars in the News" section featured a picture of the G-3 vehicle and the description stated that the truck has a payload of 1,000 lbs, can seat 2 adults, has a top speed of over 85 mph, and can travel 100 miles between charges. For further information and picture see http://www.usatoday.com/MediaGallery/Cars-in-the-News/G501.

The G-3 Plug-in Electric Truck will sell for less than $25,000 not including possible Federal and State significant rebates for electric vehicle purchases.

GGCI is planning to crash test the vehicle in January 2010 and is also planning to showcase it at the Chicago Auto Show scheduled for February 12-21, 2010.

About Global Green Cars

Global Green Cars (GGCI) is a private company with an International Automobile Consortium of auto industry partners, part suppliers, and electric vehicle component suppliers that have strategic plans for mass production of high performance electric vehicles in the United States and abroad. Green Star Products is currently a 9.5% equity owner in GGCI; provides engineering services to GGCI; and will receive a $100 royalty per vehicle for the first 7 years. Green Star Products is also a strategic alliance partner providing engineering and technology to the GGCI Consortium. For more information visit http://www.GlobalGreenCars.com.

About Green Star Products

Green Star Products, Inc. (PINKSHEETS: GSPI) is an environmentally friendly public company dedicated to creating innovative cost-effective products to improve the quality of life and clean up the environment. GSPI and its Consortium are involved in the production of green sustainable goods including renewable resources like algae biodiesel and clean-burning biofuels, cellulosic ethanol and other green products, as well as lubricants, additives and devices that reduce emissions and improve fuel economy in vehicles, machinery and power plants. For more information visit http://www.GreenStarUSA.com, or call 1-800-741-7648 and 1-800-340-9784, fax 619-789-4743, or email info@GreenStarUSA.com.

Forward-looking statements in the release are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the company's products, increased levels of competition, new products and technological changes, dependence on third-party suppliers, and other risks detailed from time to time in the company's periodic filings.

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CONTACT: Joseph LaStella President Green Star Products, Inc. 800-741-7648 800-340-9784 619-864-4010 619-789-4743 (fax) info@GreenStarUSA.com

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Mo. governor to discuss auto task force findings - MSN Money

Posted: 09 Sep 2009 07:58 AM PDT

KANSAS CITY, Mo. (AP) - Missouri Gov. Jay Nixon is set to release a final report on ways to bring more auto manufacturing jobs to the state.

Nixon planned to release the Automotive Jobs Task Force report Wednesday after touring Ford Motor Co.'s Kansas City Assembly Plant in Claycomo.

Nixon appointed the panel earlier this year to recommend ways Missouri could better compete to attract companies building the next generation of fuel-efficient vehicles. Those vehicles would include electric cars and trucks powered by fuel cells.

The downturn of the U.S. automotive industry has cost thousands of Missourians their jobs at plants in the St. Louis and Kansas City areas.

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Insurance Companies' Policies on 'Total Loss' Improve Supply of ... - PR Newswire

Posted: 09 Sep 2009 07:08 AM PDT

MOUNTAIN VIEW, Calif., Sept. 9 /PRNewswire/ -- Recently, there has been a dip in the actual cash value (ACV) of vehicles, following a drop in the prices of used vehicles due to the economic decline. The higher prices of raw materials have hiked repair costs, resulting in more 'total loss' claims and eventually, a greater number of salvaged parts. Conversely, the use of salvaged parts will lower the cost of repair, which will result in reduced 'total loss' vehicles, benefiting the insurance companies.

(Logo: http://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

New analysis from Frost & Sullivan (http://www.automotive.frost.com), Strategic Analysis of the North American Automotive Salvage Industry, finds that the market earned revenues of $3.2 billion in 2008.

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, send an e-mail to David Escalante, Corporate Communications, at david.escalante@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by e-mail.

"More insurance companies are advocating the use of salvage (recycled) parts, as they try to control collision repair costs, thereby driving unit shipment of salvage parts," says Frost & Sullivan Industry Manager Avijit Ghosh. "If repair costs are not controlled, the insurance premiums will amplify."

Further, salvage is a convenient way of getting rid of used vehicles. As the owners who donate their used cars get tax credits, there has been a rise in the availability of salvage parts and used-vehicle owners are increasingly turning to the salvage industry.

The lower market for retail-used vehicles and new vehicles has affected dealer demand for wholesale used vehicle inventory, reducing the prices of salvage parts. Moreover, the salvage industry participants have to stave off stiff competition from original equipment manufacturer (OEM) parts, especially in collision repair. This is because OEM parts are considered to have better fit, form, and function and provide enhanced safety, durability, and reliability.

Repair shops use a high percentage of OEM parts in crash repair because they get higher margins on them. They find it a riskless proposition to order OEM parts as the insurers pay a higher amount for them. This effectively eats into the sales of alternate parts (aftermarket and salvage parts).

"However, some insurance companies fully support and encourage repair shops' usage of salvage parts for collision repair," notes Ghosh. "The primary objective is to reduce the cost of repair practice and maximize the value of the salvage vehicles."

Meanwhile, with more orders for late models, North American brands in developing countries have escalated the demand for salvage vehicles that are easily reconditioned to a reasonable state at an acceptable value, in order to maximize returns.

Strategic Analysis of the North American Automotive Salvage Industry is part of the Automotive & Transportation Growth Partnership Services program, which also includes research in the following markets: Strategic guide to the North American remanufactured engine and transmission aftermarket, market analysis of the North American exhaust components aftermarket, North American lighting components aftermarket, and analysis of the North American light truck bedliner aftermarket. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 35 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Strategic Analysis of the North American Automotive Salvage Industry

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 Contact: David Escalante Corporate Communications P: 210.477.8427 F: 210.348.1003 E: david.escalante@frost.com

http://www.frost.com

SOURCE Frost & Sullivan

Website: http://www.frost.com

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Kbb.com Kicks Off Football Season With Top 10 New Tailgating Cars - PR Newswire

Posted: 09 Sep 2009 07:08 AM PDT

IRVINE, Calif., Sept. 9 /PRNewswire/ -- The Top 10 Tailgating Cars, www.kbb.com/toptailgatingcars, today were named by the expert editors from Kelley Blue Book, www.kbb.com, the leading provider of new car and used car information. With college football already underway and the NFL season kickoff in sight, the editors thought it would be a perfect time to highlight several new cars and trucks that are great for tailgating parties.

If one seeks evidence of a higher power, ponder the seamless transition between the end of summer and the beginning of football season; one weekend people are picnicking in the park, and the next they are tailgating in a stadium parking lot. To help celebrate this change of seasons (and eating venues), the editors of Kelley Blue Book's kbb.com put together the list to facilitate a ritual that has become near and dear to Americans' hearts. While any vehicle with enough room for chairs, tables and coolers will do in a pinch, today's top tailgating rides offer a variety of party-enhancing extras.

The kbb.com editors chose new cars with such tailgating-friendly features as: speakers that flip-down from the rear hatch, multiple video monitors prime for game-watching, built-in table and seating options, fold-down tailgates equipped with step-ladder and handle, removable in-vehicle coolers, rear cargo-compartment audio controls, power liftgates, dual power outlets and an array of impressive sound systems, to mention a few.

"Auto manufacturers are increasingly creating vehicles with particular lifestyles in mind, and undoubtedly the huge football-following American public has influenced some design choices," said Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book's kbb.com. "While some may only think of the traditional pickup truck as being ideal for tailgating, our choices show that there are tailgate-friendly vehicles available in just about every size and price-point."

Sample Choices From kbb.com's Top 10 Tailgating Cars List

Dodge Caliber

Ford F-150

GMC Acadia

Honda Element

Kia Soul

Mitsubishi Outlander

For the remaining Top 10 Tailgating Cars choices, including full editorial commentary and reasoning behind each of the editors' picks, visit the Top 10 Tailgating Cars story in kbb.com's Latest News section at www.kbb.com/toptailgatingcars.

About Kelley Blue Book (www.kbb.com)

Since 1926, Kelley Blue Book, The Trusted Resource(R), has provided vehicle buyers and sellers with the new and used vehicle information they need to accomplish their goals with confidence. The company's top-rated Web site, www.kbb.com, provides the most up-to-date pricing and values, including the New Car Blue Book(R) Value, which reveals what people actually are paying for new cars. The company also reports vehicle pricing and values via products and services, including software products and the famous Blue Book(R) Official Guide. According to the C.A. Walker Research Solutions, Inc. - 2008 Spring Automotive Web Site Usefulness Study, kbb.com is the most useful automotive information Web site among new and used vehicle shoppers, and half of online vehicle shoppers visit kbb.com. Kbb.com is a leading provider of new car prices, car reviews and news, used car blue book values, auto classifieds and car dealer locations. No other medium reaches more in-market vehicle shoppers than kbb.com.

SOURCE Kelley Blue Book

Website: http://www.kbb.com

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5-vehicle wreck shuts down University Ave. Teen accused of stealing ... - Gainesville Sun

Posted: 09 Sep 2009 07:22 AM PDT

One other person was hospitalized with non-life-threatening injuries received in the final crash, a five-car pile-up at 100 E. University Avenue at 3:30 p.m.

The driver who had to be cut out of the stolen truck was identified by Gainesville police as Perry O. Swinton Jr., 18, of St. Petersburg. Gainesville Police spokesman Keith Kameg said the truck's airbag may have saved the driver of the stolen white Chevrolet pickup.

"We had witnesses tell us he was driving 100 mph down University Avenue, but how they knew it was 100 mph, I don't know," Kameg said.

Drivers were detoured around the crash site for about two hours while an investigation was conducted and the vehicles were cleared from the roadway.

Kameg said the truck was apparently stolen at about 3:15 p.m. after a transportation worker left the keys in it in the 1500 block of East University Avenue.

DOT spokeswoman Gina Busscher said a preliminary review of her agency's mobile equipment manual did not seem to specifically state that drivers are required to remove the ignition keys. The manual does require that "all operators must adhere to all laws and all regulations," Busscher said.

Once Swinton got behind the wheel of the truck, he reportedly caused a crash at Waldo Road and East University Avenue and another accident in the 300 block of East University before the five-vehicle pile-up downtown.

Police said the first two crashes were fender-benders that caused relatively minor damage and left no one injured.

The names of those involved in the wrecks and detailed information about the case was not immediately available.

"We already know that he (Swinton) will be charged with auto theft because even though the keys were left in the truck, he took it without permission," Kameg said. "He will also be charged with multiple traffic offenses - so many traffic offenses that we haven't even counted them yet and it may take a couple of days to get this all written up."