Koenigsegg is one of the most exclusive automakers on the planet and for the last couple of months, the talk has been all about their Agera One:1 Megacar with an impressive 1322bhp.
Britain’s young drivers feel ‘invulnerable’
According to a survey commissioned by the Institute of Advanced Motorists (IAM), 71 per cent of young drivers aged 18-25 think they are better than the average driver. Three quaters of young males and 68 per cent of young women polled claimed to be better than average.
CARB adds another $25 million expanding clean vehicle rebate program
The California Air Resources Board (ARB) voted to immediately expand the funding and current waiting list for incentive funds that help consumers buy zero-emission and plug-in hybrid vehicles. The Board’s action expanded the current $5-million waiting list, established last month, by an additional $25 million to accommodate expected market growth into the summer.
BMW i8 breaks down during testing on the Nürburgring
The BMW i8 has been in the development for quite some time. Last time we saw it testing was back in February, when it got stuck in heavy snow during cold weather testing near the Arctic Circle.
Marchionne’s Fiat-Chrysler seen as success story by Italy’s economy minister
The restructuring of the Fiat-Chrysler group by its CEO Sergio Marchionne should be seen as a success story rather than a case of offshoring operations, Italian Economy Minister Pier Carlo Padoan was quoted as saying by an Italian newspaper.
