For the past few years, startup Elio Motors has said that the “target price” of their enclosed tandem three wheeler was $6,800. As the company and their vendors finalize the design of the production vehicle and seek financing for that production, Elio has announced a “locked in” base price of $7,300, though that price for now only applies to the first 65,000 reservation holders (and it appear that those who already have placed reservations may pay as little as $7,000).
Since more than 56,000 people have already put down reservations for the Elio trike, if you want to buy an Elio and lock in that $7,300 price, there are fewer than 9,000 slots remaining. There was no word on what the price will be after the first 65,000 are reserved.
The pricing announcement is tied to the company’s still active application for a $185 million loan from U.S. Department of Energy’s Advanced Technology Vehicles Manufacturing program. (Read More…)
Last weekend, I rode a boxcar to Joliet, Illinois, with the rest of the 24 Hours of LeMons hobos and helped put on the third annual American Irony race. Traditionally, the justices of the LeMons Supreme Court travel around race-track grounds in some sort of Judgemobile appropriate to our exalted station, and this time we had the use of what turned out to be one of the greatest motor vehicles in the entire world: a 2008 Piaggio Ape (pronounced “ah-peh”) 50 Europe with just 21 miles on the clock. (Read More…)
When I was a budding young copywriter in 1973, older, more settled advertising types smoked a pipe, had two basset hounds at home and came to the office in a British racing green, topless Morgan. In wintertime, their lips were blue. Our generation was too drunk to even drive a car – even in the more lenient 70s. Now, Morgan, one of the last remaining true British carmakers, is going back to its roots: Three-wheelers. (Read More…)
You know it’s an all-new 2011 model because of the fancy computer-generated press shots, but otherwise would you have any idea that this is the 2011 model-year Morgan three-wheeler? Yes, the wackiest of British cottage sportscar shops has dusted off its old three-wheeler designs and is bringing the model back after a 58-year hiatus. InsideLine says the new version will offer 100 HP from a Harley “Screaming Eagle” engine and will weigh a mere 1,100-lbs, giving it an estimated 4.5 second 0-60 time. Of course, it will have to be homologated as a motorcycle thanks to the missing wheel, and there’s no word on price or American availability. Still, it seems to have retained the most important quality of its predecessor, namely that it is, as Sir Stirling Moss once put it,