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Transition flying car completes first public flight

Think of a flying car and - depending on your age - you may think of Chitty Chitty Bang Bang or the Ford Anglia from the Harry Potter novels. But whatever, it's the stuff of fantasy, surely? The kind of machine that featured in those 'glimpses of the future' movies of the 1950s.

Koenigsegg signs deal to buy all of Saab

By Tim Pollard Motor Industry 18 August 2009 10:17 Supercar maker and industrial group Koenigsegg today announced it had signed the deal to buy every one of GM's shares in Saab. The news clears the way for Saab's rebirth as an independent car maker freed from the shackles of General Motors and follows an earlier memorandum of understanding. Koenigsegg has signed the stock purchase agreement to buy 100% of Saab – but there are still numerous hurdles before the deal completes 'in the next few months.' Exactly.

Ferrari F450 prototype spied as F430 successor heads for Frankfurt debut

Spy photographer Brenda Priddy serves up a fresh look at the Ferrari F450, the car set to replace the F430 in Ferrari's lineup later this year. From this prototype, spotted being loaded into a hauler, we see that the styling is updated but not a radical departure from the F430. The new model designation comes from an increase in displacement for the V8 to 4.5 liters.