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Koenigsegg Agera One:1 is world’s first “megacar”
Sat, 01 Mar 2014Even in a world recently introduced to the Ferrari LaFerrari (sold out), McLaren P1 (sold out) and Porsche 918 Spyder (er… ) hypercars, boutique Swedish supercar maker Koenigsegg has just made an extraordinary announcement. At the 2014 Geneva Motor Show, it will reveal the Agera One:1 – which Koenigsegg has dubbed the world’s first "megacar". Thing is, having looked at the spec, we believe it.
DVLA clamps down on illegal foreign cars
Tue, 01 Jul 2014Getty Images A DVLA clampdown on illegal foreign-registered cars is proving to be a success, with 237 vehicles targeted over the last two months. Cars can legally be used on British roads with foreign plates for a maximum of six months before they need to display a UK registration. Drivers who fail to do this will face a fine based on the cost of road tax for the period beyond this time.
News watch June 2010: today's auto industry news
Wed, 30 Jun 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.