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.
During the summer, most people in the valley escape the heat in the pool or inside with air conditioning. But one Sun City woman didn't have that choice.
During the summer, most people in the valley escape the heat in the pool or inside with air conditioning. But one Sun City woman didn't have that choice.
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching...
In one of the biggest-ever showdowns between an automaker and the government, Chrysler on Tuesday is expected to file papers explaining its refusal to recall 2.7 million older Jeep SUVs that are at risk of catching fire in...
General Motors is recalling more than 193,652 SUVs from the 2006 and 2007 model years because a circuit board in the driver's door could short and cause a fire.
General Motors is recalling more than 193,652 SUVs from the 2006 and 2007 model years because a circuit board in the driver's door could short and cause a fire.
McDonald's says a key sales figure rose 2.6 percent in May, with the world's biggest hamburger chain attributing the bump to its focus on value and new menu options.
Cheap eats and new menu items helped McDonald's boost a key sales figure in May, bouncing back from a decline the previous month.
Monday, June 3 2013 11:30 AM EDT2013-06-03 15:30:55 GMT
A Cheerios ad featuring an interracial couple that sparked serious controversy on YouTube brings up an important question: To what extent can a brand manage its reputation on the Internet?
A Cheerios ad featuring an interracial couple that sparked serious controversy on YouTube brings up an important question: To what extent can a brand manage its reputation on the Internet?
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
