1973 Corvette Owner's Manual on 2040-parts.com

Gert Hildebrand on his new challenge at Chinese startup, Qoros

Qoros Auto, a new start-up luxury automaker which launched in China late last year, is poised to take on the established German firms in the increasingly competitive luxury segment. The company was formerly known as Chery Quantum Auto Co. Ltd (“CQAC”) and is a 50/50 joint venture between Chery Automobile and Israel Corporation.

Winners announced in Factory Five design competition

Earlier this year, we brought you news of an open-sourced design competition from American kit car manufacturer, Factory Five. The brief called for a compact, two-seat roadster that shared a drivetrain with the Subaru Impreza. The car would feature a bespoke space-frame chassis, but the mechanicals would be lifted from the Impreza to allow the car to sell for under $15,000.

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.