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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.

Rolls Royce Wraith returns

The coupe version of the RR Ghost is to be the Rolls Royce Wraith, with the first tease of the most sporty Rolls Royce ever. There was never any doubt that Rolls Royce would build a range of cars round the Ghost, with a coupe and convertible on the cards ever since the Rolls Royce Ghost arrived more than three years ago. In fact, just over a year after the Ghost launched, we reported that RR were planning an extended wheelbase version of the Gost and a coupe and convertible, just as expected.

Mahindra XUV500 heading for Europe

Mahindra & Mahindra – India’s biggest SUV maker – is heading for Europe with the Mahindra XUV500 SUV. Mahindra & Mahindra are India’s biggest maker of SUVs, but are perhaps best known in Europe for the Ssangyong brand, but they’re on a quest to be major car player in the rest of the world, not just India. That quest is behind their acquisition of failing Korean car maker Ssangyong and the attempt to grab what was left of Saab from the liquidators.