Cruise Control Switch Motorcraft Sw-6003 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.

Fiat and Chrysler to completely merge?

Chrysler Group and Fiat Group's auto division could become a single company based in the United States, Chrysler and Fiat CEO Sergio Marchionne told an industry conference here Friday. That won't happen until after Chrysler refinances the government loans that have kept if from being profitable and holds an initial public offering, both of which Marchionne hopes will happen this year. "From a corporate governance standpoint, there's a point where separate companies make no sense.

EyesOn Design to honor Volkswagen design chief Walter de'Silva

The 24th-annual EyesOn Design car show will honor Volkswagen Group design chief Walter de'Silva with a Lifetime Design Achievement Award, the organizers said. De'Silva is responsible for designing the passenger cars for Audi, Bentley, Bugatti, Lamborghini and Volkswagen. He designed the 2008 Volkswagen Golf, the '10 Touareg and many others.