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Koenigsegg One:1 – First official details

We have the first official details on the new Koenigsegg One:1, the most extreme Koenigsegg produced to date, a series of 5 cars for China. The Interwebs have been full of speculation about a new Koenigsegg in the last few days – the Koenigsegg One:1 – which has surfaced after a brochure scan for the One:1 was leaked online (above). The general consensus has been that the One:1 is a new customisation programme for Koenigsegg, allowing buyers to customise their cars in an even more extreme way.

Cash-for-guzzlers funds will run out before Nov. 1, dealer group warns

The cash-for-guzzlers program will run out of its $1 billion funding "well before" its Nov. 1 expiration date, a spokesman for the National Automobile Dealers Association said Thursday, after the government said dealers have already applied for 10 percent of the funds. As of 4 p.m.

Which car has the best residual value? A MINI

The MINI has the lowest depreciation of any car in the UK When it comes to buying a car, many of us decide how much we can afford to spend and then go and look for a car that fits our budget. But what we should really be looking at is how the car we want will be worth in the future – its residual value. Because the residual value of your car is often where the biggest costs lies, and it has a major impact on monthly payments if you decide to acquire your nice new car on a contract hire or leasing deal.