RSchneider
Elio Addict
Elio applied for 2 ATVM loans and never met the requirements from day one. I'd not blame the DoE for this. It's all water under the bridge as Elio has the funding without the ATVM loan.
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You can register using your Google, Facebook, or Twitter account, just click here.Elio applied for 2 ATVM loans and never met the requirements from day one. I'd not blame the DoE for this. It's all water under the bridge as Elio has the funding without the ATVM loan.
I live in Metro Detroit. The truth is that a blue-chip supplier to Ford Motor Company suffered a really bad fire at their factory this past week. Incidentally, the highly efficient Just-in-Time logistics of running an automotive assembly line without maintaining a large cache of OEM parts in inventory equates to the assembly line getting shuttered until further notice.Side note** - Ford announced today that they are shutting down the F-150 plant for a while, didn't say why. or for how long.
My best guess; they are having a hard time selling the things they've already built. Ford is no long "the best selling truck".
Their sales started going down when they switched to the all aluminum bodies.
Who is up? Dodge. Seems they can't keep in stock because they sell everyone they get.
Hmmm imagine that, a truck that if you dent it, you have to replace the part, no more "pound it out" like you used to be able to do because once aluminum is bent, you can only replace it. Imagine that, a pickup you can't "pound out" a dent.
Breaking: https://www.freep.com/story/money/cars/2018/05/11/ford-f-150-meridian-magnesium/603714002/I live in Metro Detroit. The truth is that a blue-chip supplier to Ford Motor Company suffered a really bad fire at their factory this past week. Incidentally, the highly efficient Just-in-Time logistics of running an automotive assembly line without maintaining a large cache of OEM parts in inventory equates to the assembly line getting shuttered until further notice.
As a matter of fact, all of the Big 3 automakers are directly impacted by the plant fire in Eaton Rapids, MI: https://www.nbcnews.com/business/au...oduction-f-150-temporarily-lays-3-600-n872766
Side note** - Ford announced today that they are shutting down the F-150 plant for a while, didn't say why. or for how long.
My best guess; they are having a hard time selling the things they've already built. Ford is no long "the best selling truck".
Their sales started going down when they switched to the all aluminum bodies.
Who is up? Dodge. Seems they can't keep in stock because they sell everyone they get.
Hmmm imagine that, a truck that if you dent it, you have to replace the part, no more "pound it out" like you used to be able to do because once aluminum is bent, you can only replace it. Imagine that, a pickup you can't "pound out" a dent.
Who is up? Dodge....Seems they can't keep in stock because they sell everyone they get.
I'm not defending the DoE but the last ATVM loan was given out in 2011. Many others got rejected just like Elio did. So nothing was unique about Elio's situation. It just seems that way because if you only follow Elio, you think that's the only company the ATVM loan people were dealing with, yet they were not. When you apply for a loan the second time with a program that is notorious for not giving out loans, don't complain when you don't get it. If they were handing out money left and right but somehow made it overly difficult for Elio and they kept stalling, then you can complain. As we all know, that was not the situation.So yes, it was the ATVM people's fault. They kept changing the rules every time Elio qualified under the previous rules.
That makes no sense at all. Ford is paying back the loan according to the terms (with interest), just like Nissan is. It's news to me that Ford is no longer in the car business but even if they were not, what difference does is make? Elio is not in the car business at all, they are in the autocycle business. The loan is for Vehicles and be it a car, truck, bus or autocycle, they are Vehicles.Here's an idea: make Ford pay off their ATVM loan, as they have announced they are no longer in the car business, but instead will make trucks. Take that money and lend it to Elio Motors, who will actually build some alternative vehicles instead of letting it sit in Ford's capital accounts, making them money instead of doing what the loan was supposed to do.
That's not true. I know the owner of a Ford dealer here in town and he's one of the largest truck dealers in the state. I've specifically asked him about those aluminum bodies and what he's told me is they repair them just like they would steel bodies. In most cases it's easier because Ford has made it easier to replace panels than on the previous generation trucks, so many times, the job is faster and at a better level of quality than pounding out a fender or door, filling it, sanding it down and repeating that process over and over.Hmmm imagine that, a truck that if you dent it, you have to replace the part, no more "pound it out" like you used to be able to do because once aluminum is bent, you can only replace it. Imagine that, a pickup you can't "pound out" a dent.