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Electric car maker Coda files for bankruptcy, will go up for sale

Chinese-manufactured electric Coda vehicles are unveiled in November 2011. The Los Angeles-based company, backed by billionaire Philip Falcone, has filed for bankruptcy.Coda Automotive Inc., the Los Angeles-based electric-car maker backed by billionaire Philip Falcone, has filed for bankruptcy and will put itself up for sale.Coda listed assets of no more than $50 million and liabilities of up to $100...
Source : Los Angeles Times |
Category : Automobile

Electric cars cheaper to run, less polluting - report

charging station stands behind a CODA car during an event featuring the delivery of the first sold CODA electric vehicle at the CODA dealership in Santa Clara, California, March 16, 2012.(Reuters) - Electric vehicles in the United States save money on fuel and are less polluting than most gasoline-powered vehicles, even in places where electricity is made by burning coal, the Union of Concerned Scientists...
Source : Reuters India |
Category : Others

Electric car maker CODA files for Chapter 11

FILE-This Nov. 2010 file photo shows the CODA electric car at the 2010 Los Angeles Auto Show in Los Angeles. The Los Angeles-based electric carmaker CODA Holdings has filed for bankruptcy protection after selling just 100 cars and says it plans to quit the auto business altogether.Photo: Damian Dovarganes,FileLOS ANGELES (AP) — Electric car maker CODA Holdings Inc. filed for bankruptcy protection ...
Source : News Times |
Category : Automobile | City : National

Coda pledges future to Udinese

Andrea Coda has pledged his future to Udinese by signing a long-term deal, the club confirmed.The 27-year-old defender has signed a five-year contract which will keep him at the Friuli outfit until June 2017.Coda joined Udinese in 2006 from Empoli and his previous deal expired this month.A knee injury limited Coda to just seven league appearances for Udinese last season.ESPN...
Source :  Espnstar |
Category : Sports

First all-electric Coda sedan rolls off assembly line

first all-electric Coda sedan rolled off the assembly line in Benicia, Calif., on Monday, marking a big day for the privately held Los Angeles company.Coda Automotive Inc. manufactures most of the vehicle's battery system and body in China. The parts are then shipped to the San Francisco Bay Area port city of Benicia for final assembly."Coda started five years ago in an airport hangar in Southern ...
Source : Los Angeles Times |
Category : Business

Sales of Coda electric cars are slow, air bag recall reveals

Coda electric car sales have been slow. A recall notice indicates that 78 vehicles at most have been delivered since the Los Angeles start-up began selling in March.Coda Automotive, the start-up Los Angles electric car company, said it started to sell its $37,250 car in March but has been mum about sales figures.While Coda still isn’t talking publically about how many cars it is selling, one figure...
Source : Los Angeles Times |
Category : Business

Great Wall Motor Enters Electric Vehicle Agreement With Coda

Great Wall Motor Co. signed a letterof intent to develop electric vehicles with Los Angeles-basedbattery-maker Coda Holdings, according to a release distributedby PR Newswire...
Source : Bloomberg |
Category : Others

Other Bangladesh Stories

government in an order on Wednesday made it mandatory to follow the standard Bangla spelling method approved by the Bangla Academy in all official activities.It observed different Ministries, Departments, Directorates and organisations are using different Bangla spellings and it was urgent to follow correct Bangla spelling in all official work.The notification said that standard Bangla spelling method...
Source : bdnews24 |
Category : National

Electric-Car Maker Coda Files for Bankruptcy to Seek Sale

Coda will focus on its energy-storage business, ChiefExecutive Officer Phil Murtaugh said in a statement. The LosAngeles-based company’s Coda Automotive unit listed assets of asmuch as $50 million and debt of as much as $100 million in theChapter 11 filing in Wilmington,, today. The companysaid it will separately try to sell the unit within 45 days.as an investor, positioned itsvehicle as a “real world”...
Source : Bloomberg |
Category : Automobile

Airport costs ratepayers £3.6m

airport's deficit has decreased - three years ago it lost £4.5m - but next year it is forecast to again lose about £3.6m.In 2010 a private company, CODA, was brought in to run the airport at a lower cost to the public purse.It said it aimed to "reduce Derry City Council's subvention of the airport over the shortest period possible".A spokesperson for Derry City Council said that CODA is on target to...
Source : BBC |
Category : International