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Koenigsegg planning an entry-level car – but it’ll still cost £500k

Koenigsegg are planning an entry-level car at half the price of the Agera R (pictured) Think of the cars that Christian von Koenigsegg has made since he started with the CC8S in 2002 and you think of them as extremes of the supercar genre; the Swedish engineering take on the bloated and massively complex Bugatti Veyron. Christian’s men in a shed in Sweden have gone on to make a series of progressively quicker and more impressive supercars, through the CCR, CCX and the Agera and on to the current most extreme iteration – the Koenigsegg One:1. But it looks like Christian has decided that his ambition to create the world’s greatest hypercar leaves room for a ‘Lesser’ Koenigsegg, a car that still has innovative engineering and extreme performance but comes at a lower price.

Former Fiat exec will revive iconic De Tomaso sports-car brand

Italian businessman Gian Mario Rossignolo plans to revive the De Tomaso sports car brand. The former Fiat S.p.A marketing executive aims to build 8,000 De Tomaso cars a year in a former Pininfarina S.p.A. factory near Turin.

Korea to build more Nissan Rogues for U.S. market

Nissan is turning to Korean automaker Samsung to take the heat off its North American production needs as it struggles to stay a step ahead of U.S. sales forecasts. Nissan is expanding its two big U.S.