By Steven Cole Smith / The Orlando SentinelORLANDO, Fla. — Malcolm Bricklin, a legendary automotive entrepreneur, says he has spent the last year spending time and money developing "something everybody said was a scam."
His plan could revolutionize the auto industry, keep open at least two factories and offer a product that rejected Chrysler and General Motors dealers could sell, the former Orlando resident says.
In a nutshell, Bricklin is proposing his company, Visionary Vehicles, buy up to 300,000 new vehicles a year from GM and Chrysler, upgrade the interiors "from standard to luxury," and install "hydrogen hybrid" engine technology he says could double fuel mileage.
"I know I have a product that I can put on cars that will make them get 100 percent better mileage," he said in a recent interview.
In a three-page proposal, his company would market these vehicles as Visionary Vehicles/Chrysler or Visionary Vehicles/GM.
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