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Ronn's Scorpion Hopes for Bites in Euro-Sportscar World
Tuesday, March 24, 2009 10:06 AM

The latest survey from www.fueleconomy.gov still lists Toyota, Nissan and Honda atop the list, with the Toyota 4.0-cylinder Prius occupying number one with 48 miles to the gallon in city driving, leading to an annual cost to run of just over $600 (all figures in U.S. funds unless specified otherwise.). The Escape costs close to $900. If the ‘Big Three' car companies are to come of this current climate intact, more of their efforts have to be put into making these fuel-efficient vehicles – and the results will have to show themselves – soon!

To be fair, there are some makes making headway on alternative fuels… flexible fuels, if you will. Chevrolet has come across with a Four-Wheel Drive that runs in part on ethanol, travelling 19 miles to the gallon, and 26 miles to the gallon of gasoline. The site fueleconomy.gov says the truck still costs more than $1,100 a year to run. To reiterate, Chevy and its fat cat cousins still have a long way to go!

In contrast to the more established car companies, Ronn Motor Company claims to be offering the future right now. The move to display the Scorpion in Monaco, when the company is really only learning how to walk, is a bold one, but not one taken without at least some sanction from back home. In March, Arnold Schwarzenegger, former action movie star and a bit of a car nut himself – not to mention the governor of the union's most populous state – took the Scorpion for a spin, with company CEO Ronn Maxwell on the passenger side, and was quite impressed with what he said. ''The Terminator'' has been on a mission to kick-start the alternative fuel vehicle industry, and few appear better positioned to do so than RNNM.

The hydrogen hybrid Scorpion has already turned heads – and hopes to do it again next month – with what Maxwell calls ''its shapely curves, 200-mph plus top speed, 40-miles-to-the-gallon fuel economy and near zero emissions, a rare combination in the high performance supercar world.''

And the future for small-cap investors could also be right now; RNNM is still very much a bargain, its price below 50 cents a share, after flying around the $6 mark last June. It may be worth more than just a kick of the tires for North American investors to explore the stock before the ‘ooh-la-las' reverberate from across the Atlantic next month.

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(Source: iStockAnalyst )

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