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Koenigsegg Agera at Geneva

The new Koenigsegg Agera will be at the Geneva Motor Show We did warn you last week that Koenigsegg were taking ‘Something New’ to the Geneva Motor Show. We had had a chat with them as things had been very quiet, and we did say to them we wondered if Christian had lost focus on Koenigsegg and been side-tracked with the whole Saab-Saga. The response was pretty clear “Christian never lost focus on Koenigsegg and secondly there are many new developments within Koenigsegg.

Audi designs car for 'Ender's Game' sci-fi movie

Audi has designed a futuristic car for the upcoming sci-fi action blockbuster Ender's Game. The carmaker joined forces with director Gavin Hood and his production team to digitally integrate its first entirely virtual car – the Audi Fleet Shuttle Quattro – into the futuristic environment of the film. Frank Rimili, chief designer for the film project, said, "Designing the Audi Fleet Shuttle Quattro was similar to customizing a tailor-made suit.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.