BATON ROUGE, La. (AP) -- A startup car company called Elio Motors is moving into the former General Motors plant in Shreveport, where it would build three-wheeled, low-price vehicles.
Gov. Bobby Jindal announced Thursday that Elio is buying part of the plant to assemble its unusual-looking car. The company says the two-seat vehicle averages 65 miles per gallon of gas and will sell for $6,800.
Phoenix, Ariz.-based Elio says it will hire 1,500 workers by late 2015, reviving a plant that once built pickup trucks and the commercial Hummer.
The plant has been closed since late August. GM had handed it over to a trust that took over dozens of GM-owned facilities after the company declared bankruptcy.
The company has been taking reservations for the vehicle, called the Elio. First delivery is projected for mid-2014.
A Scottsdale restaurant is trying to repair its image after a disastrous appearance on the FOX TV show Kitchen Nightmares. It led to a worldwide backlash.
A Scottsdale restaurant is trying to repair its image after a disastrous appearance on the FOX TV show Kitchen Nightmares. It led to a worldwide backlash.
Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
After falling woefully out of fashion, Yahoo wants to be cool again while catering to the capitalistic demands of its shareholders. That goal led CEO Marissa Mayer to make a $1.1 billion bet on online blogging forum Tumblr...
A big job fair will take place Monday and dozens of positions need to be filled. One of the companies participating in the event is Go Daddy and they don't take part in these fairs often.
A big job fair will take place Monday and dozens of positions need to be filled. One of the companies participating in the event is Go Daddy and they don't take part in these fairs often.
It's been a week since Amy and Samy Bouzaglo's bistro was featured on the FOX hit show. It showed them yelling at Chef Gordon Ramsay, at their customers, and even at their employees.
It's been a week since Amy and Samy Bouzaglo's bistro was featured on the FOX hit show. It showed them yelling at Chef Gordon Ramsay, at their customers, and even at their employees.
One week from now, the Jodi Arias murder trial should be in the hands of the jury. Even though the trial has lasted four months now, the interest in it is still high with a lot of people across the country.
One week from now, the Jodi Arias murder trial should be in the hands of the jury. Even though the trial has lasted four months now, the interest in it is still high with a lot of people across the country.
The U.S. Department of Agriculture says a Louisiana-based meat packing company has expanded a recall of meat products because of possible bacterial contamination.
The U.S. Department of Agriculture says a Louisiana-based meat packing company has expanded a recall of meat products because of possible bacterial contamination.
Screenshot of Elio Motors' Facebook page
