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Carbon Motors denied government loan for police cruiser

Carbon Motors, an Indiana-based company that aims to build police vehicles, said on Wednesday that the Department of Energy has denied its application for a loan under the Advanced Technology Vehicle Manufacturing program. The loan program was created under President George W. Bush and continued with President Barack Obama.

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.

Aston Martin recall the majority of cars built since 2007

Aston Martin are recalling most of their cars from the last six years A recall by Aston Martin of 17,590 cars might not seem a big deal when you’ve seen recalls from the likes of Toyota running in to the millions. But Aston Martin is a small, bespoke make of high-end luxury GTs and Sports cars, and 17,590 cars is three-quarters of all the cars they’ve built since November 2007. The recall affects all left-hand drive cars built from November 2007 to December 2013 and all right-hand drive cars from May 2012 to December 2013 and is because of some less than kosher plastics in the accelerator pedal.