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NHTSA fielding complaints about 2009-10 Toyota Corolla steering

Toyota Motor Corp. faces yet another possible federal investigation, this time of the electric power steering in 2009 and 2010 Corollas. The National Highway Traffic Safety Administration is considering a formal investigation of alleged defects reported in the compact car, agency spokeswoman Karen Aldana said Monday.

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.

Early-build Ford GTs to cross the block at summer auctions

Their ancestors triumphed at Le Mans, and now two of the modern versions of the Ford GT are aiming for lofty finishes at summer auctions. The sixth and seventh Ford GTs built will cross the block at the Meadow Brook and Pebble Beach concours. And these are rare cars.