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5/16/2014 Production Update From Paul Elio

PhilGoings

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As much as I would like to have an Elio, if there is one more delay in production I will be forced to wait until they come out at a dealership if that is what they do. I lease cars and as it stands now I won't be able to get another car after my lease is over next year as I don't want to get stuck in a lease while buying an Elio. I can ride my motorcycle until the snow starts, then I have to do something. So if there is another delay I will lease another car and in three years if the Elio is on the market I will get one then. The only good thing about this is in three years the Elio will be a proven technology with the bugs (if any) are worked out. And if the whole thing fails to work out I will not have lost a thing. Here's hoping all goes well and we all get what we want by the end of next year, Good luck to all.
 
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As much as I would like to have an Elio, if there is one more delay in production I will be forced to wait until they come out at a dealership if that is what they do. I lease cars and as it stands now I won't be able to get another car after my lease is over next year as I don't want to get stuck in a lease while buying an Elio. I can ride my motorcycle until the snow starts, then I have to do something. So if there is another delay I will lease another car and in three years if the Elio is on the market I will get one then. The only good thing about this is in three years the Elio will be a proven technology with the bugs (if any) are worked out. And if the whole thing fails to work out I will not have lost a thing. Here's hoping all goes well and we all get what we want by the end of next year, Good luck to all.

Yea, I understand the leasing stuff. But, HEY PHIL, You all coming the the sit-down dinner meeting THIS COMING SATURDAY?
 

Folks

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"We have assessed the equipment needs of our plant in Shreveport, La., and expect to be prepared for production in the third quarter of 2015."

Shoot me. Shoot me now. :eek:
If he had said the second half of 2015 it would not have sounded so ominous. Are we becoming so desensitized so as to even believe even a word the President says? First Lie out of his mouth was, Hi I'm Barack Obama. LOL One more delay and I'm voting for Mr Elio for President.
 

RogWild

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I never really 'bought' the LAWYERS and 'assessing the plant equipment' explanations;....... this sounds more 'reasonable' for the DELAY:
  • Elio is a work in progress. I was hoping the new version would include the company’s engine, but Jerome Vassallo, Elio’s ex-VW vice president of sales, told me that now exists as a cast block. Elio hopes to have the 900-cc three-cylinder, 55-horsepower unit from IAVin place at the company’s Detroit engineering headquarters by the end of the summer,

  • Vassallo told me that delays were due to money issues and getting the engine ready, but Elio is now “fully funded to production.”

  • http://www.cartalk.com/blogs/jim-motavalli/crowd-pleaser-6800-84-mpg-elio-getting-closer
 

zelio

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I never really 'bought' the LAWYERS and 'assessing the plant equipment' explanations;....... this sounds more 'reasonable' for the DELAY:
Thank you for posting that. I couldn't get the video to work but the rest was great. I had read the previous commentary by this gentleman and have been waiting for an update. I am so glad he got to see it in NYC. :-) Z
 
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