For the past few years, startup Elio Motors has said that the “target price” of their enclosed tandem three wheeler was $6,800. As the company and their vendors finalize the design of the production vehicle and seek financing for that production, Elio has announced a “locked in” base price of $7,300, though that price for now only applies to the first 65,000 reservation holders (and it appear that those who already have placed reservations may pay as little as $7,000).

Since more than 56,000 people have already put down reservations for the Elio trike, if you want to buy an Elio and lock in that $7,300 price, there are fewer than 9,000 slots remaining. There was no word on what the price will be after the first 65,000 are reserved.

The pricing announcement is tied to the company’s still active application for a $185 million loan from U.S. Department of Energy’s Advanced Technology Vehicles Manufacturing program. (Read More…)

Apple loves it when people buy its toys, but doesn’t appreciate it when other companies try to muscle into its technology playpen.

Whether the tech giant likes it or not, the Volkswagen-owned Seat brand just became the first automaker to design and market an app that is compatible with Apple CarPlay. (Read More…)

Last week, we told you how Mercedes-Benz planned to go the BMW route and turn its looming roster of electric vehicles into a sub-brand.

All the automaker needed was a name to slap on its gas-free offerings. Well, according to UK trademark application filings first reported by Autocar, the new sub-brand’s name is… (Read More…)

Green cars should cut through the air like a bird, not a wall, but a team of stylists at General Motors’ South Korean design studio wasn’t thinking of that when they put together the 2017 Chevrolet Bolt.

The main goal of the team crafting the first “affordable” 200-mile electric vehicle was creating a vehicle with enough interior room to satisfy a nation of crossover fanatics. The result? A veritable brick, but a spacious one at that. (Read More…)

There’s a sea change underway in America — the once-unstoppable passenger car now has a minority market share compared to SUVs and crossovers, according to July sales figures.

Mitsubishi, the troubled but earnest automaker desperately looking to boost its U.S. comeback, has plans to take a bigger slice of the crossover pie. A third utility vehicle is on the way, and it just stepped out from behind the curtain. (Read More…)

It worked for Porsche. Now, another luxury automaker is reaping the rewards of catering to the utility crowd.

Jaguar’s decision to market an SUV raised the ire of purists, but it also turbocharged the brand’s U.S. comeback, Bloomberg reports. The British automaker is now the fastest-growing brand in the U.S., with sales propelled by the new F-Pace SUV and entry-level XE sedan. (Read More…)

Ford doesn’t just want European SUV buyers to flock to its Edge, it wants luxury buyers, too.

The automaker is busy rolling out a refined version of its midsize CUV on the Continent, but an even plusher version is on the way, Automotive News Europe reports. With no Lincolns to sell, Ford figures it can turn one of its own into an Audi-fighter. (Read More…)

Forget the American displacement wars of the 1960s (and to a lesser degree, the 1990s). On the other side of the Atlantic, it’s all about who has the biggest all-electric lineup.

Volkswagen, hoping to wash its hands of diesel residue, announced three modular vehicle platforms that could spawn 30 electric vehicles across the company’s brand portfolio. Meanwhile, Mercedes-Benz wants a whole new sub-brand for its looming crop of EVs. (Read More…)

Honda’s America-bound Civic Type R promises to be a scorching front-wheel-drive hatch with a 340-horsepower turbo 2.0-liter, according to an overseas report. Run and hide, Volkswagen Golf R.

The British publication Auto Express released exclusive information on the next-generation Type R, which is expected to bow as a 2017 model and (finally) make its way to North American shores. (Read More…)

Kia plans to let its sister division handle the sensible grocery getters and track-ready racers (assuming Hyundai’s N-Division bears fruit), while it churns out hotter “normal” cars.

According to the automaker’s performance development chief, Kia plans to offer a global GT line of its most popular vehicles, boosting the models’ performance and appearance, Autocar reports. (Read More…)

There’s already plenty of evidence of a looming mid-engine Chevrolet Corvette variant, but multiple sources with knowledge of General Motors’ plans now say the near-mythical model will absolutely arrive in early 2019.

Insider sources told The Detroit News that not only will a mid-engine ‘Vette bow in 2019, it will soon be the only Corvette offered by GM. (Read More…)

Volkswagen of America has a new head honcho in charge of product and marketing, and he’ll have his work cut out for him.

Today, Volkswagen named Dr. Hendrik Muth as the new vice-president of product marketing and strategy for its beleaguered U.S. division. His job? To sell vehicles. Ideally, lots of them. (Read More…)

Hyundai’s rear-drive sports coupe is dead.

First reported by the Globe and Mail, the Genesis Coupe’s 2016 model year will be its last in the U.S. and Canada, a company spokesperson confirmed today. A replacement is expected to follow sometime after 2017, but it won’t carry the Hyundai badge. (Read More…)

If Elon Musk’s tweets are accurate (and who can prove that they aren’t?), the Tesla CEO plans to build Millennials and hippies their dream ride at some point in the foreseeable future.

As per tradition, Musk took to Twitter to release snippets of detail about his sprawling (but vague) 10-year “master plan,” including what to expect from the automaker’s next two models. One proposed model is a no-brainer, but the other would be worshipped at a counterculture love-in. (Read More…)

North American motorists with a hunger for foreign badges will have to wait a little longer for a yes/no answer from Škoda.

The Czech subsidiary of Volkswagen Group will make up its mind on a possible entry into the North American market by next year, CEO Bernhard Maier said to German newspaper Handelsblatt (via Wards Auto). (Read More…)