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.
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.
Some of Arizona's top business experts say jobs and home prices are slowly rebounding, but the state has a long way to go and federal budget cuts aren't helping.
Some of Arizona's top business experts say jobs and home prices are slowly rebounding, but the state has a long way to go and federal budget cuts aren't helping.
Their appearance on the FOX show "Kitchen Nightmares" turned into a real life nightmare for some valley restaurant owners. This Scottsdale couple is taking a lot of heat from people.
Their appearance on the FOX show "Kitchen Nightmares" turned into a real life nightmare for some valley restaurant owners. This Scottsdale couple is taking a lot of heat from people all over the country, and most of the hatred is spilling over online.
U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year - the highest amount since the fees became common five years ago.
U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year - the highest amount since the fees became common five years ago.
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
