mpg

  • Elio Motors locks in price for nonrefundable reservations

    Elio Motors locks in price for nonrefundable reservations

    Elio Motors has raised funds for manufacturing its forthcoming three-wheeled commuter vehicle in a few innovative ways, including Regulation A+ stock offerings. Its latest creative funding is through its reservation system. Anyone who puts down money for an “All In” nonrefundable reservation for an Elio has the base price of their vehicle locked in at $7,300. The wording is a… Read More

  • Detroit would make 50 mpg cars were it not for increased costs, decreased speeds

    I don’t know about you, but on a nice Spring day in 2008, I don’t have time to read 1,500 words about damn near anything, least of all “why” Detroit (and, kinda, Japan) hasn’t yet developed cars that can do 50 mpg. But, in the interest of getting paid, I did read this Newsweek piece that offers reason after laboured reason as to why Detroit isn’t… Read More