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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.

Dacia's UK launch postponed

By Tim Pollard Motor Industry 19 June 2008 12:31 Renault has pulled the UK launch of its budget brand, Dacia. It had planned to launch the cheap 'n' cheerful badge in the UK in February 2009, but that's now gone back a year, the company announced today. CAR was due to drive the Sandero – the UK launch model – in July 2008, but PRs today took the unusual step of ringing the media to cancel the event.

Hyundai recalls Santa Fe, Veracruz for airbag fix

Hyundai is recalling 205,233 copies of the 2007-2008 Santa Fe and Veracruz because of an issue with the airbags. Hyundai has received about 7,800 warranty claims as a result of airbag defects in these vehicles, though the carmaker said it is not aware of any related accidents or injuries. Electrical parts used to deploy the airbags may conduct current improperly, causing them to malfunction during a crash.