The struggles of three-wheeled car start-up Elio Motors continue with the company now stating that it needs to raise an additional $100 million.
Read more »
Related News
-
This Guy Wants To Sell His 2017 NSX ‘Order Slot’ For $100,000
A funny thing happened today; someone contacted us to communicate the sale of an ‘order slot’ for the 2017 Acura…
- Bentley Clothing Defeats Bentley Motors In Legal Battle
What should have been a predictably favorite outcome took Bentley Motors by surprise, after they lost a legal challenge against…
-
General Motors Quietly Pushes Forward With Mexican Investments
General Motors is pushing ahead with its extensive investments in Mexico despite Republican presidential candidate Donald Trump having issues with…
-
Audi Celebrates 1 Million Cars And 30 Million Engines Made In Hungary
Audi Hungaria started producing cars back in 1998, when the TT hit the assembly lines, and now, 18 years later,…
-
W Motors Debuts The New Fenyr SuperSport On Video
It’s hot, it’s fast, it’s expensive and it was unveiled a few days back in Dubai. This is the new…
-
General Motors Settles Latest Two Ignition Switch Lawsuits
General Motors has decided to settle the final two bellwether lawsuits relating to its faulty ignition switch.Read more »
-
General Motors Celebrates Increase In Chinese Sales
Last year, GMsold a total of 3.61 million vehicles throughout China in collaboration with its local venture partners, SAIC Motor…
-
Nevada Grants Kia Motors Autonomous Driving License
Kia has taken another step forward into the future after it was granted a license by the US state of…
-
W Motors-Designed Iconiq Seven Concept Debuting In Monterey
Monterey Car Week consistently attracts some of the most unique creations on four wheels and in the coming days, one…
-
Local Motors Looking To Recycle Their Cars
As you might recall, we reported that Local Motors is gearing up to sell their very first series of fully-homologated,…
- Elio Motors Needs $376 Million Before It Can Start Production
Troubled automotive startup Elio Motors has stated in its latest K-1 form that it needs $376 million in order to…
-
Shocking Report Claims Over 100 Million Volkswagens Are Vulnerable To Hacking
Fiat Chrysler Automobiles may not be the only automaker with hacking vulnerabilities to worry about as a new report suggests…
-
General Motors Investing $356 Million Into Michigan Factories, Creates New Jobs
General Motors has announced it will invest over $356 million into its Michigan factories in Flint, Saginaw and Grand Rapids.Read…
-
General Motors Confirms $44 Million Investment Into Performance Build Center
Home to the most powerful engines in the General Motors portfolio, the Performance Build Center in Bowling Green, Kentucky plays…
-
General Motors To Run On 100% Renewable Energy By 2050
General Motors has made a pledge to only use electricity produced solely by renewable energy sources by the year 2050.Read…
-
Elio Motors Debuts The P5 In LA, Announces More Than 47,000 Reservations
Elio Motors introduced the P5 prototype in Los Angeles. It previews a future production car, which will launch in 2016…
-
General Motors Invests Another $290 Million In Corvette Plant
The Bowling Green Assembly plant, home of the Corvette, is about to undergo some major upgrades as part of GM's…
-
Elio Motors Fined $545,000 By Louisiana Motor Vehicle Commission
Just a couple of months after troubled automotive startup Elio Motors said it needed $376 million to bring its three-wheeler…
-
Elio Motors Delays P5 3-Wheeler's Deliveries For 2017
Customers looking forward to their new fuel-efficient P5 trike made by Elio Motors will have to be patient, as first…
-
Elio Motors Has Just $101,000 In Cash And A $123 Million Deficit
Elio Motors’ affordable three-wheeler was originally going to hit the market in 2014 and almost three years later, is still…