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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.

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.

Corvette Stingray wins North American Car of the Year

The 2014 Detroit Motor Show has got off to a cracking start for General Motors, with the company winning TWO top North American awards. With the new Chevrolet Corvette Stingray scooping the North American Car of the Year award, and the Chevrolet Silverado bringing home the Truck of the Year honour, it’s the first time GM has swept the board since 2007. New 2014 Chevrolet Corvette Stingray in pictures at Detroit Motor Show The best new cars coming in 2014: Chevrolet C7 Corvette Stingray The awards – which are based on the thoughts of a panel of automotive critics – are amongst the most respected in the industry and are said to have a direct influence on a car’s fortunes.