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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.

GM to retool factory for new Impala

General Motors plans to idle the plant where it assembles the Chevrolet Volt plug-in hybrid for four weeks starting next month to retool for production of the all-new 2014 Impala and a small number of 2013 Malibus. GM will close its Detroit-Hamtramck plant from Sept. 17 until Oct.

Pagani Huayra: Official Video

Pagani Huayra Video below It’s been a busy month or so for the Pagani Huayra. We had all the Huayra teases and the first of the photos well before the official reveal at Geneva. And to say the response was subdued is probably an understatement.