Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

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.

Don't miss CDNLive, reporting on the best from Paris Motor Show 2014

As ever the Car Design News team will be reporting live from the halls of the Paris Motor Show. After the long summer break we're in the French capital for what promises to be a great event. CDNLive from the Paris Motor Show We're looking forward to turning our attention to a promising list of production-car debuts of all shapes and sizes, from the new Smart ForTwo and Opel Corsa to the Volvo XC90 and Renault Espace, via Mazda's new MX-5, the Fiat 500X and Jaguar XE.

Cadillac ELR spotted on the roads

Cadillac will deliver a sporting luxury coupe with Chevrolet Volt-based technology for 2014. Called the ELR, the Caddy was previewed with the Converj concept at the 2009 Detroit auto show. These spy shots clearly reveal Caddy emblems and styling cues.