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Ford Edge gets $200 price cut

Ford Motor Co. said Tuesday that the 2011 Edge crossover will start at $27,995 including shipping. That's about $200 less than the 2010 model, although Ford added more power to the 2011 base engine.

Gordon Murray Teewave AR.1

Gordon Murray Designs has announced the latest addition to its range of electric vehicles in the form of a two-seat sports car. Following on from the diminutive T.25 city car, the Teewave AR.1 is an all-electric roadster that features a carbon monocoque chassis, designed in such a way that it can be applied to a variety of vehicle types. The AR.1 sports car was designed in close collaboration with Toray Industries, a Japanese carbon fiber specialist.

Fiat 500e EV LOSES $14,000 on every one sold – so please don’t buy, says Marchionne

Fiat lose $14,000 on every electric 500e The electric Fiat 500e arrived as a concept at the Detroit Auto Show in 2010 and finally arrived as a production reality at the Los Angeles Show in 2012 before going on sale in the US. The 500e is an appealing little car for zapping around town, especially if you only do a relatively low mileage every day and have somewhere to plug it in. But it is rather expensive.