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Caterham F1 unveils its 2012 challenger

It's that time of the year when all the new 2012 F1 cars are unveiled. In the next fortnight, most of the major Formula 1 teams will announce their new race cars ready for the 2012 F1 season. The rules are changed, so are the cars.

Mazda MX-5 and Mazda2 Sport Black Editions launch

Mazda2 Black & Mazda MX-5 Sport Black As we know, ‘Limited Editions’ are a way for car makers to shift some extra metal in quiet times. In this case it’s Mazda looking for a way to move the MX-5 and the Mazda2. Roll out the Mazda MX-5 Sport Black and – you’ve guessed – the Mazda2 Black Editions.

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.