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Coda Automotive (formerly Miles Automotive Group)

Discussion in 'Electric Vehicles' started by Tesla2Go, Jan 28, 2007.

  1. vfx

    vfx Well-Known Member

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    Here is the Coda store in Century City today IMG_2943[1].JPG IMG_2950[1].JPG Yummy cupcakes across the way!
     
  2. doug

    doug Administrator / Head Moderator

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  3. vfx

    vfx Well-Known Member

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    Yeah, they did everything right but push the emotionbutton.
     
  4. cwerdna

    cwerdna Active Member

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    Just stumbled across this at http://dailybreeze.kaango.com/ad-db-2-11-notice-of-warehouse-lien-sale-please-take-notice-that-in-accordance-with-california-commercial/21594506:

     
  5. AnOutsider

    AnOutsider S532 # XS27

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    Charge point or similar might be smart to swoop in and grab those.
     
  6. doug

    doug Administrator / Head Moderator

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    Odd that it looks like they just stopped paying all their bills. I figure you should be able to tell that you're not going to be able to pay ahead of time, and then take action... plan for bankruptcy or whatever else can be done. Not just wait to get sued, the utilities to be shut off, and your stuff repossessed.
     
  7. DrComputer

    DrComputer Active Member

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    That's how a responsible company would work. But if you do file for bankruptcy and you're a startup, don't expect any more people to buy your cars. They probably just figured if they just stopped paying their bills they might be able to sell a few (one or two) more cars.
     
  8. Doug_G

    Doug_G Lead Moderator

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    There's a powerful force in the universe called "denial".
     
  9. doug

    doug Administrator / Head Moderator

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    So I'm assuming these are the GE WattStations that Coda was giving as an incentive.

    CODA_Hp_Slide_5-2-28.jpg

    They're available at Amazon for $900. GE WattStation Wall Mount - Level 2 EV Charger - 7.2kW, 30A : Amazon.com : Automotive

    So Coda has to pay $57K to recover $160K of value. They'd better get their act together.
     
  10. doug

    doug Administrator / Head Moderator

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    This one apparently dropped Fisker. Hard to imagine Coda isn't far behind.
     
  11. doug

    doug Administrator / Head Moderator

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  12. rolosrevenge

    rolosrevenge Dr. EVS

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    Coda's toast. They were two years too late to market. At least they made some cars but they can't compete against the LEAF and the other compliance cars.
     
  13. cwerdna

    cwerdna Active Member

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  14. vfx

    vfx Well-Known Member

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    Saw one in the wild this week. Would not have known but it says CODA in large letters on the side. More obnoxious than the BMW E graphics.
     
  15. doug

    doug Administrator / Head Moderator

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  16. rolosrevenge

    rolosrevenge Dr. EVS

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    Coda will be the next to bite the dust. In the whole EV startup race they came in third, Fisker 2nd, but after a few more months only Tesla will be left.
     
  17. cwerdna

    cwerdna Active Member

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    I test drove it at AltCar Expo last year (yes, I drove down to So Cal, mainly for the show). I was underwhelmed.

    Out of the BEVs, EREVs and FCVs I drove, it was the 2nd to worst and a far cry in refinement to the Leaf, Focus Electric and Rav4 EV.

    I haven't been in the area of that Silicon Valley dealership in ages, so I don't know if it's really closed. But, I don't see Coda listed at Del Grande Dealer Group | New Chevrolet, Hyundai, Kia, Mazda, Nissan, Subaru, Volkswagen, Fiat, Buick, GMC, Chrysler, Dodge, Jeep, Ram dealership in San Jose, CA 95136 now.
     
  18. cwerdna

    cwerdna Active Member

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    #398 cwerdna, Apr 27, 2013
    Last edited: Apr 27, 2013
  19. dsm363

    dsm363 Roadster + Sig Model S

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    Thought that would have happened a long time ago. Amazing they raised $300 million with a car that looked like that though. Still too bad.
     

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