EV Transportation, Inc. (EVTP.OB) Vying For a Larger Slice of a $21B Industry
The American rental car industry is worth over twenty-one billion dollars, according to a top trade publication known as Auto Rental News. By 2007, the larger-than-ever industry collectively maintained nearly two million vehicles rented from over 16,500 locations. Through experience and thorough market research, EV Transportation has arrived at the decision to expand its operations in one particular segment - the replacement market. Unlike the airport segment of the industry, which suffered greatly following the events of September 11th, 2001, the replacement market has shown itself to be more consistent in its growth, and highly resistant to the effects of…