At CES 2014, a new car appeared at a surprising price point:
More details can be found here:
This article points out that the Elio car comes from an entrepreneurial venture founded by an engineer:
Company founder Paul Elio said he came up with the idea because “I got mad about seeing all this wealth leave the country” for imported petroleum.
An engineer by training, Elio began the firm in 2008 and recently took over an abandoned General Motors plant in Louisiana — one which had been producing the gas-guzzling Hummer.