ZAP - 'Zero Air Pollution' vehicles Message Board

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Technology Stocks : ZAP - 'Zero Air Pollution' vehicles

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To: Smiling Bob who wrote (10)	12/26/2004 2:28:41 PM
From: Smiling Bob	Read Replies (2) of 201

First U.S. Smart Car Peddled on eBay Motors By John D. Stoll WardsAuto.com, Dec 6 2004 Zap launched online bidding for its first U.S.-spec ForTwo on Dec. 2 and saw the asking price skyrocket to $27,100 on 47 bids in four days. Zap is utilizing online auctioneer eBay Motors to sell the first federally compliant Smart ForTwo minicar for sale in the U.S. The California-based electric vehicle distributor showed off the vehicle at the San Francisco International Auto Show in November and it has received an order from an unnamed U.S. auto dealer for a 100-unit block purchase of ForTwos, the only Smart vehicle Zap currently distributes.(See related story: Zap Receives 100-Unit Block Order for Smart) Zap put the ForTwo on sale on eBay Dec. 2 and reports bidding hit $27,100 by Dec. 6. Bidding is scheduled to be open until the evening of Dec. 9 and the company has fielded 47 separate bids thus far. Under a $10 million agreement forged with Smart-Automobile LLC, a privately held company that oversees the direct importation and modification of the vehicles to comply with U.S. standards, Zap has the rights to distribute 15,000 current-generation ForTwos annually for 10 years in the U.S. (See related story: Current Smart ForTwo U.S. Bound) jstoll@primediabusiness.com wardsauto.com

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