New Car Tuesday: Peel P50’s employees will be enjoying a new fleet of Peel P50’s. is going green, red and blue.

The Peel P50 is a three-wheeled microcar manufactured by the Manx Peel Engineering Company. It retails for £199 (~$2,593) when purchased new, and currently holds the record for the best-ever automobile to go into production.

The P50 uses a 49 cc (3.0 cu in) Turbo DKW engine which gives it a top speed of approximately 61 km/h (78 mph), and comes fully equipped with a three-speed manual transmission that has no reverse gear.

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