Elio Amazed
Elio Addict
- Joined
- Jun 30, 2014
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Gentlemen, before this gets started again, haven't we already done that thread to death?I'm not defending the DoE but the last ATVM loan was given out in 2011. Many others got rejected just like Elio did. So nothing was unique about Elio's situation. It just seems that way because if you only follow Elio, you think that's the only company the ATVM loan people were dealing with, yet they were not. When you apply for a loan the second time with a program that is notorious for not giving out loans, don't complain when you don't get it. If they were handing out money left and right but somehow made it overly difficult for Elio and they kept stalling, then you can complain. As we all know, that was not the situation.
That makes no sense at all. Ford is paying back the loan according to the terms (with interest), just like Nissan is. It's news to me that Ford is no longer in the car business but even if they were not, what difference does is make? Elio is not in the car business at all, they are in the autocycle business. The loan is for Vehicles and be it a car, truck, bus or autocycle, they are Vehicles.
That's not true. I know the owner of a Ford dealer here in town and he's one of the largest truck dealers in the state. I've specifically asked him about those aluminum bodies and what he's told me is they repair them just like they would steel bodies. In most cases it's easier because Ford has made it easier to replace panels than on the previous generation trucks, so many times, the job is faster and at a better level of quality than pounding out a fender or door, filling it, sanding it down and repeating that process over and over.
This is just like when people found out Porsche was gluing 991's together. It was all gloom and doom but after a while they found out it was easier, quicker and better level of quality once the car was repaired. Now, cars that sometimes were totaled in the past, are now fixable.