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Koenigsegg's craziest supercar yet debuts at Geneva

Here's what you need to know about the Koenigsegg One:1. It weighs 1,360 kilograms; it produces 1,360 hp. One horsepower per kilogram, which is why mad scientist Christian Von Koenigsegg is absolutely justified in bragging about it: it's the world's first "mega car," he said.

Rare early Jaguar E-Type sells for £88,000

ONE OF THE MOST RARE Jaguar E-Types, and one of the first to be built in the 1960s sold has at auction for more than £88,000. An anonymous British buyer from the south of England bought the iconic sports car at an auction in Ascot, Berkshire. The hammer fell at £77,000, but with a buyer's premium the final bill was £88,040, a spokesman for Coys the auctioneers said.

BMW axes B-class rival

By Georg Kacher Motor Industry 07 August 2006 09:26 BMW has put on ice plans for a mini-MPV based on the 3-series, to rival the Mercedes B-class. Instead, it will focus on a bigger, Mercedes R-class challenger, due in 2009. 'Originally, we looked at two different space-functional concepts: one was based on the 3-series, the other one on the 5-series,' said a source.