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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.

Shelby raffles off last 50th-anniversary Cobra

Shelby is celebrating its 50th anniversary in style, first at the Detroit auto show with a few black-and-gold Shelby Mustangs, and now at the Barrett-Jackson auction in Arizona with the last example of the 50th-anniversary Shelby Cobra. The car won't be sold to the highest bidder though; it will be raffled. Tickets cost $25 apiece or five for $100.

General Motors taps Europe design chief to run Cadillac, Buick

General Motors is bringing Opel's design chief to the United States to lead Cadillac and Buick styling and is moving the head of Buick and GMC styling to the top design post in Europe. The automaker is also shuffling duties for two other top design executives. The changes were announced Monday.