Elio Motors @ New York Auto Show 2015

[nickskeys]

He can't delay production past the first half of next year. There will be fines placed on EM for not producing the jobs that were promised. I'm pretty sure this was part of the deal in procuring the factory. For a start up company with funding issues, additional fines could be devistating.

Say, I have an idea!! Why not produce say 500 cars FOR FREE, that is the workers volunteer to produce 500 cars on the assembly line free to get the ball rolling. They will be compensated after the demand starts to soar or even be given a bonus to kick start the company's production. There has to be a feasible way to get the production started. Gather up the parts for the 500 cars, and let's get going!

 

[CompTrex]

Say, I have an idea!! Why not produce say 500 cars FOR FREE, that is the workers volunteer to produce 500 cars on the assembly line free to get the ball rolling. They will be compensated after the demand starts to soar or even be given a bonus to kick start the company's production. There has to be a feasible way to get the production started. Gather up the parts for the 500 cars, and let's get going!

"Who's with me? AAAAAHHHHHH...!!!
*runs from room*

 

[RUCRAYZE]

But the MEDIA and the world was at the Detroit Auto Show. A much better, controlled environment to showcase a car in my opinion.

give it up already-lol

 

[nickskeys]

The city of Detroit, Michigan filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion.
Why would a company looking for financing go someplace with that track record as compared to the financial capital of the world?

Hello, you are just comparing the city of Detroit- you are not considering the vastly more diverse economic region of SE Michigan as a whole. The Auto Show in Detroit drew people from around the world, not just in the confines of the City of Detroit.

 

[RUCRAYZE]

Say, I have an idea!! Why not produce say 500 cars FOR FREE, that is the workers volunteer to produce 500 cars on the assembly line free to get the ball rolling. They will be compensated after the demand starts to soar or even be given a bonus to kick start the company's production. There has to be a feasible way to get the production started. Gather up the parts for the 500 cars, and let's get going!

Great idea- but did you know most elephants weigh less than the tongue of a blue whale?

 

[nickskeys]

"Who's with me? AAAAAHHHHHH...!!!
*runs from room*

Yeahhhh!!!

 

[CompTrex]

Great idea- but did you know most elephants weigh less than the tongue of a blue whale?

Back away from the keyboard. Too much Google is not necessarily a good thing...

 

[nickskeys]

give it up already-lol

No, NO! I simply won't! <g>

 

[nickskeys]

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.

Whew! Thank you Rickb!

 

[RUCRAYZE]

Hello, you are just comparing the city of Detroit- you are not considering the vastly more diverse economic region of SE Michigan as a whole. The Auto Show in Detroit drew people from around the world, not just in the confines of the City of Detroit.

No one's comparing the City of Detroit's vast appeal to the folks in the region. It's there is just no other large city to compare- whose infrastructure is so broken, the government so corrupt, that the state had to save it from going under. The best solution, knock the few remaining houses down,(which will be faster than waiting for them to be set afire), and create a beautiful park that would encourage the suburbs to visit for more than the length of a ball/hockey game