Join Date: Feb 2013
Location: Toronto, ON
Thanked 179 Times in 122 Posts
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 89 Post(s)
Specifically ... bankruptcy lawyers!
There is another 3-wheeler in production in North America that is reasonably successful ... the Can-Am Spyder, and that has its own engine. BUT ... That vehicle has Bombardier behind it, and Bombardier is a huge and diverse company with vast engineering resources, and Rotax (the engine manufacturing company) is a division of Bombardier that already builds lots of engines under contract to other manufacturers. Canada may not have any cars that we can call our own, in terms of the nameplate's origin, but we do have Can-Am to call our own.
The Can-Am costs more than $7,000, though. A lot more. And some people are willing to pay it ... because they built some desirability into the vehicle. It's easier to sell a smaller number of vehicles with a premium price tag than it is to sell a large number of low-priced vehicles. Just ask Tesla. But you have to build something that people want to buy for this to work.
But in this case ... I foresee them selling a tiny number of low-priced vehicles ... followed by bankruptcy. Very few people will consider this to be a desirable vehicle. (I sure don't.)