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Koenigsegg teases Agera One:1 hypercar with 1,340hp

Koenigsegg has released the first official image of its new Agera One:1 hypercar, set to make its world debut at the 2014 Geneva Motor Show next month. Based on the Swedish firm’s Agera R model, the One:1 concept produces a whopping 1,340hp and weighs 1,340kg, meaning the car has a power-to-weight ratio of 1,000hp per tonne. That’s a lot.

Think, again: Norwegian electric-car maker looks for U.S. plant

Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.

Blue badge fraud prosecutions up

BLUE BADGE FRAUD prosecutions have doubled in three years, with professional people such as lawyers and architects among the offenders. Unscrupulous fraudsters have been caught using a dead relative's pass or leaving a disabled parent stuck at home in order to park for free to go shopping or travel to work, said the Local Government Association (LGA) . There were 686 successful council prosecutions in 2013 - up from 330 in 2010 as councils cracked down on offenders.