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Koenigsegg planning an entry-level car – but it’ll still cost £500k

Koenigsegg are planning an entry-level car at half the price of the Agera R (pictured) Think of the cars that Christian von Koenigsegg has made since he started with the CC8S in 2002 and you think of them as extremes of the supercar genre; the Swedish engineering take on the bloated and massively complex Bugatti Veyron. Christian’s men in a shed in Sweden have gone on to make a series of progressively quicker and more impressive supercars, through the CCR, CCX and the Agera and on to the current most extreme iteration – the Koenigsegg One:1. But it looks like Christian has decided that his ambition to create the world’s greatest hypercar leaves room for a ‘Lesser’ Koenigsegg, a car that still has innovative engineering and extreme performance but comes at a lower price.

One Lap of the Web: Who's collecting cars and who's jumping big rigs?

-- Hagerty content VP and friend of Autoweek Rob Sass wonders out loud: When the baby boomers put down their auction flags and retire, what will happen to the collector car industry? "Who's going to buy all their cars?" (We will. –Ed.) Who, indeed -- every generation defines, and is simultaneously defined by, its own tastes.

Detroit auto show: Ford Mustang Boss 302R breaks cover

Some 40 years after Parnelli Jones drove a Bud Moore-built Boss 302 Mustang to the Trans-Am championship, Ford Racing has unleashed a new Boss 302R. The new Boss is an off-road-only Mustang that comes from the factory race-ready. Each of the limited-to-50 cars will come fitted with a 5.0-liter four-valve V8 and six-speed manual transmission.