AdvancedMechanicalProducts posts

Feed

Electric Saturns: This had to come from Cincinnati

Here's an interesting little tidbit I recently culled from United Press International last week: It seems that a firm in Cincinnati is planning to market some snazzy electric retrofit cars.

The strategy is to take General Motors (NYSE: GM) Saturn vehicles, including four-door sedans and SUVs, rip the internal combustion engines out of them, and replace those engines with plug-in electric power plants, batteries, and some computer stuff. The company is called Advanced Mechanical Products Inc. and is reportedly headed up by partners Jack Kuntz and Steve Burns. The claims are that the cars will accelerate from 0 to 60 in about 6 seconds, run about 150 miles between charges, and will sell for under $50,000.

I'm wondering what the company will do with those left over Saturn engines. I'm also wondering why the choice of Saturns to retrofit. And I'm wondering where I put that ten-foot pole I had. No matter, I wouldn't touch this scenario with one anyway. Perhaps when those guys drive one from Cincinnati to my house, I might think about it, but until then my opinion is: Beware in Ohio.

Symbol Lookup
IndexesChangePrice
DJIA-40.2212,489.53
NASDAQ-0.382,839.00
S&P 500-0.291,320.39

Last updated: May 25, 2012: 01:24 PM

Hot Stocks

General Electric

19.275+0.025(+0.13)

Alcoa

8.61-0.02(-0.23)

Apple Inc

559.78-5.54(-0.98)

Google Inc 'A'

589.77-13.89(-2.30)

Bank of America

7.165+0.025(+0.35)

Wal-Mart Stores

65.37+0.30(+0.46)

Exxon Mobil Corp

82.16-0.45(-0.54)

Ford

10.63+0.04(+0.38)

Citigroup

26.63-0.03(-0.11)

IBM

194.68-1.41(-0.72)

Yahoo

15.405+0.055(+0.36)

Starbucks

54.60-0.16(-0.29)

Microsoft

29.15+0.08(+0.28)

Home Depot

49.69-0.02(-0.04)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1337966671109 ms.