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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.

Volkswagen Microbus production could resume in Brazil

The Volkswagen Type 2 Kombi/Microbus may be a classic to our eyes, but it has been in continuous production in Brazil for almost 50 years. Impending legislation that would outlaw the production and importation of cars and trucks without modern safety features such as ABS brakes and airbags was set to put an end to the Kombi production in Brazil, but one lawmaker wants to make an exception for the veteran vehicle, Indian Autos Blog reports. Brazil's finance minister Guido Mantega is arguing that since the Kombi/Microbus has been in production for decades -- before ABS technology and airbags were developed -- it would be unfair to apply the new law to the vehicle.

Shark-inspired Peugeot Exalt set for Beijing

This is the new Peugeot Exalt concept – a sleek, new sporty saloon that's set to make its debut at the Beijing Motor Show later this month.   A suitable follow-up to the Peugeot Onyx? The turbo petrol plug-in hybrid drivetrain provides 340hp The Exalt builds on the equally stunning Peugeot Onyx concept from the 2012 Paris Motor Show, and the Peugeot Exalt is set to make its debut at the 2014 Beijing Motor Show, with the Chinese market increasingly important for Peugeot and its rivals.