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Koenigsegg's craziest supercar yet debuts at Geneva

Here's what you need to know about the Koenigsegg One:1. It weighs 1,360 kilograms; it produces 1,360 hp. One horsepower per kilogram, which is why mad scientist Christian Von Koenigsegg is absolutely justified in bragging about it: it's the world's first "mega car," he said.

Design Contest: 2005 World Automotive Design Competition announced

The World Automotive Design Competition, sponsored by Alias and hosted by the Canadian International Auto Show, is back with more participating design schools and an impressive list of prizes. Design students from twenty-six schools around the world have been invited to design a World Car that visually identifies its cultural origins and, at the same time, has appeal, and can be sold throughout the world, in at least five countries on three continents. The vehicle should be easily recognized as coming from a particular culture.

Electric Fiat 500e costs the same as 500 Pop – in the US

Sergio Marchionne reckoned Fiat would lose £7k on every 500e they sell, but that may be a very conservative estimate judging by the deal Fiat has put together for the 500e in California, where it’s just launched. For a very modest down-payment of £650 and then £130 a month, you can drive off in a brand new Fiat 500e. That’s exactly the same deal Fiat offers on the 500 Pop – a car that cost under £10k in the UK – making the 500e the first EV we’ve come across where costs are sensible.