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Jim --- I'm reasonably certain that with a plant full of welding robots they'll stack the steel in one end pull the completed frames out the other. Neat part about industrial robots is once they're programed they're 100% repeatable and fast.
Skygazer is correct. Toe and camber can be adjusted with shims between the 4 bolt mount on the swing arm, and the hubs. Camber I'd worry about, toe, not so much.
The Elio being there isn't a good enough reason? :-) ZI'm thinking with there only being a single back wheel, that the toe-in/toe-out would make it track funny (rear end either left or right of center). Don't think it would have 'much' of an affect on tire wear, at least not as much as the front tires. Wish I had a good reason to go to Georgia next weekend! I'd love to get a closer look at certain parts of the P4, and find out if the production model will have the exact same chassis configuration.
At the weight of the Elio I don't think it will really be much of a problem.....but then again the way some people drive.....