ZENN Reports Sharp Drop In Vehicle Sales

In the third quarter ending June 30, 2009 ZENN Motor Co. reported selling just 19 vehicles compared to 67 for Q3 2008.  This is slightly more than the previous quarter when only 16 vehicles were sold compared to 54 the prior year.  In the first half of 2009 ZENN has now sold a total of 35 vehicles compared to 121 in the first half of 2008.  This a decrease in unit sales of 86 or 71% from the prior year.  The management points to the decline in the overall economy as well as lower fuel prices as key factors in the decline.  Learn more:  Reuters.com

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