Elio Motors, Linamar Sign Letter of Intent to Manufacture and Market the Elio Engine Across the Globe

PHOENIX, May 17, 2016 /PRNewswire/ -- Elio Motors, Inc. (OTCQX: ELIO), the startup vehicle manufacturer planning to launch a three-wheeled vehicle that will get up to 84 mpg with a targeted base price of $6,800, today announced that it has signed a Letter of Intent with Linamar Corp, one...