ZENN Motor Company Inc. announced audited consolidated earnings results for the fourth quarter and full year ended September 30, 2011. For the quarter, net losses from continuing operations were $752,780 or $0.02 per share compared to net losses from continuing operations were $980,423 or $0.03 per share for the same period a year ago. The loss from continuing operations before unusual items for the three months were $626,835 which results in a 36% decline when compared to same period in the prior year. The decrease in the current period is reflective of further cost cutting measures implemented as a result of a strategic review and refocus of the business initiated by the Board of Directors in May 2011. For the full year, net losses from continuing operations were $4,418,072 or $0.12 per share compared to net losses from continuing operations were $4,141,528 or $0.11 per share for the same period a year ago. The loss from continuing operations before unusual items for the year ending September 30, 2011 were $3,472,654 which results in a 16% decline when compared to same period in the prior year. The decrease in the current period is reflective of further cost cutting measures implemented as a result of a strategic review and refocus of the business initiated by the Board of Directors in May 2011.