Elio Motors to buy engines, abandons building its own

Paul Elio with 5 successive prototype EliosElio Motors, which has been struggling since 2009 to build its own ultra-cheap, small, fuel-efficient, three-wheeled car, announced Thursday that it will source an engine from a major automaker. Previously, the company planned to build its own 3-cylinder engine with up to 55 horsepower for its projected 84-mpg three-wheeler. The company did not...