Yamaha Wave Runner 62t Exhaust Chamber on 2040-parts.com

Elio three-wheel prototype revealed

Elio Motors unveiled a prototype of its two-passenger, three-wheeled vehicle Wednesday, confirming the all-new vehicle will have a $6,800 base price when it goes on sale in June 2014. Paul Elio, company founder and CEO, said the vehicle is targeted at first-time or cash-strapped buyers, as well as for families who already have a family car and are seeking something inexpensive for daily commuting. Its sub $7,000-base price makes it almost half the price of the cheapest car in the U.S.

Cadillac to auction first '14 CTS V-Sport to charity

General Motors said Wednesday that it will be donating the first production model of the 2014 Cadillac CTS V-Sport to the SAE Foundation. The car will then be auctioned at Barrett-Jackson later this year with the proceeds going to the foundation's science, technology, engineering and mathematics student programs. The CTS V-Sport, or as Cadillac officially spells it, Vsport, was revealed earlier this year at the New York Auto Show.

Video: 2014 Jaguar F-Type V8 at speed

Sixty years ago, Jaguar test driver Norman Dewis posted a then-world record 172.4 mph flying mile in a Jaguar XK120. The car had no seat and a perspex bubble was fitted over the cockpit to improve airflow. Over last weekend, Jaguar returned to the site of that famous run: Jabbeke, Belgium.