Elio Motors @ New York Auto Show 2015

[Neal]

The City Filed Chapter 9 not Detroit's venture capitalists. Sounds like Detroit had a really big auto show attracting 900,000 people. It's not about the City's financial woes. EM should have attended both.

I agree that both would have been better, but if they had to pick one, i think they picked correctly. It's true that it's the City and not the venture capitalist that went bankrupt. But I think it goes hand in hand to a point. When businesses fail, the money people also lose money.

 

[Rickb]

Putting the Elio in front of an additional 900,000 auto show fans in the Motor City would have been cheap advertising. More exposure than all the Elio tours combined. Apparently NY was cheaper and more affordable for EM. Sad EM is in a financial situation that forces choice. One of the current big money EM Board investors could have coughed up the change. Irregardless, I hope they snag an investor as a direct result.

Money people don't tend to lose money, which is why they have it. The money people will capitalize on Detroit's Chapter 9, same as the 1% money people capitalized on over 90% of our overall economic recovery gains.

 

[goofyone]

I love it, they said that the New York Auto Show is the "first" show in the country. They (EM) forgot conveniently to remember the NAIAS show in JANUARY, 2015 in DETROIT, MICHIGAN!! The New York show copied our show. I heard rumors that to display the Elio at the Detroit show was "too costly". Please. We had over 900,000 attendees at that show in January. So New York might have 100,000 or so more. They have more people living there- no brainer. But to absolutely SNUB Detroit, where it all began, is a HUGE mistake. HUGE.

To be fair, regardless of whose superlatives may be correct, the bit about 'North America's first and largest auto show comes directly from the New York Auto Shows' main page: http://www.autoshowny.com/

Also, EM has not snubbed Detroit as they were at the even larger Woodward Dream Cruise event in August, in Detroit, which has over one million attendees.

 

[Kuda]

See Paul's interview @ NY Auto Show
on: http://beterrific.com/live/ Starts @: 57:47....

 

[Ty]

See Paul's interview @ NY Auto Show
on: http://beterrific.com/live/ Starts @: 57:47....

Excellent. Thanks for identifying the time of start. Here is a list of "new" facts that Paul mentioned that I caught:

1. 55 hp, 55 lb ft torque
2. 0-60 in 9.6 seconds
3. Top speed of 107 (versus saying 100+)
4. 8 gallon gas tank. This may not be news but I know some were concerned that with the seat lowering, the gas tank would be smaller)
5. $400 is the average reservation amount to date.
6. Elio is announcing at this show that they are now partnered with Network 1 Financial (sp?) so that investors can talk to an actual broker.

 

[Folks]

Remember, bankers do it with interest. Substantial penalty for early withdrawal.

The way I hear it crew chiefs time themselves in seconds. Bankers have a lot of clients with impregnated problems. I as an Artists, however, work slow and hard for a long time. I prefer doing nudes but sometimes I don't have the patience. I can accomplish more with a 3 inch brush than anyone here.

 

[JEBar]

The City Filed Chapter 9 not Detroit's venture capitalists. Sounds like Detroit had a really big auto show attracting 900,000 people. It's not about the City's financial woes. EM should have attended both.

as a pure guess, given that EM has only so much money to work with and that it is very expensive to have a display at one of these shows, they had to decide where they felt they would get the largest return on their investment

 

[RUCRAYZE]

A side from your pride in foot traffic in Detroit- it's NYC where the covers are come off for new models to be unveiled
Publicity options are far superior in NY! and very BIG MONEY lives on The Island- They might consider the light weight of the E to have it secured to their helicopters so when they get to the Hampton"s they can putter over to the golf course.

 

[Jeff Porter]

See Paul's interview @ NY Auto Show
on: http://beterrific.com/live/ Starts @: 57:47....

Nice Kuda, thanks!

"... blind structural nut, power point, blind structural nut, power point..." What's he meaning when Paul says that?

More new stuff I heard:

• If you didn't get an option at purchase time and you decide you want it later, you can go to Pep Boys and get the option installed there;
• Interviewer says "you are shaking up the auto industry"; well... chuh!
• Michael Artsis = not your typical interviewer, but it was interesting

 

['lio]

Excellent. Thanks for identifying the time of start. Here is a list of "new" facts that Paul mentioned that I caught:

1. 55 hp, 55 lb ft torque
2. 0-60 in 9.6 seconds
3. Top speed of 107 (versus saying 100+)
4. 8 gallon gas tank. This may not be news but I know some were concerned that with the seat lowering, the gas tank would be smaller)
5. $400 is the average reservation amount to date.
6. Elio is announcing at this show that they are now partnered with Network 1 Financial (sp?) so that investors can talk to an actual broker.

and an anticipated 20% markup on options, I don't know what the industry average is, but this sounds very reasonable.