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Koenigsegg One:1 – first photo ahead of Geneva Motor Show debut

The Koenigsegg One:1 (pictured) gets an enormous rear wing The Koenigsegg One:1 – Koenigsegg’s most powerful car ever – is heading for the Geneva Motor Show next month, ahead of which Keonigsegg has revealed the first photo of their new car (above). We reported just last week that the One:1 would make its debut at Geneva so, with a month to go before the Geneva Motor Show kicks off, Koenigsegg has decided it’s time to show some of what the One:1 is all about. Based on the Agera, the most dramatic difference between the two is the enormous rear wing on the back, so big it needs support from bars running in to the roof.

Hyundai reveals i-oniq concept teaser

Hyundai has hinted at its future design direction with this single teaser shot of its ‘i-oniq’ concept car. Further details will be revealed in the run-up to next March's 2012 Geneva show, but judging by this glimpse, the concept will take the form of a large coupe with a hatchback tail. It stops short of the full shooting-brake silhouette, but there’s a hint of Brera in the curvature of its rear end. ‘Two strong arched curves define the silhouette of i-oniq, creating a playful contrast between the sharp character lines and soft but muscular features’ says Thomas Bürkle, Hyundai’s European Chief Designer.

First Ferrari 458 Italia in U.S. auctioned for $530,000 to benefit Haiti

It's one thing to own a Ferrari; it's another to be the first one to own an all-new model. The first 458 Italia was auctioned off on Thursday night for $530,000 in a stunning charity gala held at a Beverly Hills estate that made the Clampett mansion look like the carriage house where the pool boy stayed. Auctioneer David Gooding donated his services and got the ball rolling at $250,000, which was more than the expected MSRP for the car of about $220,000.