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Koenigsegg Agera R World Speed Records now official (video)

Koenigsegg Agera R gets Guinness World Speed Record - Video One of the speed records set back in September by the incredible Koenigsegg Agera R has now been ratified by Guinness - 0-300-0 km/h (0-186-0 mph) in 21.9 seconds. As we say every time Koenigsegg jumps in to vision with another bonkers car or speed feat, we’re amazed at just what a handful of men with beards (except Christian von Koenigesgg – who doesn’t seem to have a hair to his name) can do from a shed in the snow of Sweden. What makes Koenigsegg even more impressive is that it’s not just that they  produce a stunning looking hypercar, but that they do it all themselves.

U.S. auto sales rise 5 percent in July

General Motors Co. and Ford Motor Co. posted their smallest U.S.

BMW's Vision EfficientDynamics concept bound for Frankfurt

BMW has revealed a radical vision for its future performance-oriented models in a spectacularly styled concept car whose combination of M3-rivaling acceleration and Mini Cooper-beating fuel economy will likely make it one of the stars of this year's Frankfurt motor show. Called Vision EfficientDynamics, the one-off coupe is a mobile showcase for lightweight construction and plug-in hybrid drive technology, while featuring a variety of futuristic styling, packaging, aerodynamic, lighting and interior ideas under development at the German carmaker's heavily cloaked FIZ development center in Munich. Many of the concepts are planned for use on upcoming BMW road cars, including an exciting Z10 EfficientDynamics range-topping model due by 2015.