Ford Bc34-15a245-bcw & Bc34-15a246-bcw, Fog Light Spacer Brackets on 2040-parts.com

Koenigsegg Agera One:1 is world’s first “megacar”

Even in a world recently introduced to the Ferrari LaFerrari  (sold out), McLaren P1 (sold out) and Porsche 918 Spyder (er… ) hypercars, boutique Swedish supercar maker Koenigsegg has just made an extraordinary announcement. At the 2014 Geneva Motor Show, it will reveal the Agera One:1 – which Koenigsegg has dubbed the world’s first "megacar". Thing is, having looked at the spec, we believe it.

'Crash for cash' scams soar by 51%

THE NUMBER of "crash for cash" car insurance scams uncovered by a major insurer surged by 51% annually last year. Aviva said it had detected around 820 staged accidents in 2013, leading to some 2,200 fraudulent personal injury claims. It is pressing for tougher penalties and said that often, rather than being locked up, fraudsters end up being sentenced to community orders, which "do little" to deter them from re-offending.

GM to drop plans for range-topping Cadillac sedan

General Motors has decided to deep-freeze a range-topping ultraluxury sedan it was developing for Cadillac, according to three people with knowledge of the company’s plans. GM executives recently concluded that the rear-wheel-drive car, which would have been a low-volume showstopper priced well north of $100,000, didn’t offer enough brand-building pizzazz to justify the investment, the sources said. Designers recently were taken off the program and reassigned.