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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.

Chrysler, Nissan, GM set pace as industry's September volume advances 10 percent

UPDATED--U.S. auto sales--helped by big gains at Chrysler, Nissan and General Motors--overcame widespread economic jitters to rise 10 percent in September, raising hopes the industry's recovery will accelerate in coming months. It was the biggest increase in light vehicle sales since April, when surging gas prices and Japan's earthquake started to put a dent in demand.

New BMW X4 looks a winner: Geneva Motor Show

The new BMW X4 (pictured) revealed at Geneva The arrival of the new BMW X4 at the Geneva Motor Show isn’t exactly a surprise, and nor is the fact that it’s very much the same as the X4 Concept we saw at the Shanghai Motor Show last year. What is perhaps a bit of a surprise is a price list that appears to price the new X4 about 15 per cent more than the comparable X3; the X4 xDrive 35d M Sport costing £48,990 compared to the X3 xDrive 35d M Sport at £42,900. Still, style comes at a price.