Corbin Motors is Bankrupt: "HollisterA's Version of Enron" Staff
by Staff
Autoweek is reporting that Mike Corbin has closed the doors on Corbin Motors, where he was trying to make the cool all-electric Sparrow vehicle. A trike, the Sparrow was classified as a motorcycle, and thus got all the rights, privileges (motorcycle parking spots, diamond lane use whilst driving alone, etc. etc.) therein.

It's a good read, check it out...

We weren't shocked to read that the line of creditors is long and angry: Corbin walked out on substantial billings due to MO in the late '90s. We wrote it off and went riding, but saw the writing on the wall...

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