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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.

Autoweek archives: Ferrari reveals its new flat 12-cylinder

This selection comes from Autoweek Competition Press from January 1963, featuring a lead story on the reveal of Ferrari's at-the-time latest--a 1.5-liter, flat 12-cylinder engine designed for Formula One applications. Its speculated output was 225 hp. Ferrari also pulled the covers off the latest 2+2 touring car, the 330 GT, the successor to the famed 250GT.

New SEAT Leon goes in to production

The new SEAT Leon (2013) – revealed at the Paris Motor Show – has started production in Spain ahead of first deliveries in March 2013. SEAT has invested heavily in the Martorell plant in recent years – a shining light of success in a sea of Spanish manufacturing despair – with a £650 million investment in new facilities and R&D making Martorell a modern and efficient facility for the new Leon as well as the Ibiza, Altea and Exeo (and the Audi Q3). Not only has the investment in Martorell secured the jobs of 1600 Spanish workers (and four times as many in the supply chain), it promise more jobs too if the Leon turns out to be as appealing as it looks.