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Koenigsegg Agera R claims world speed records

Koenigsegg Agera R claims world speed records We are constantly amazed at what the three men in a shed in the snow in Sweden that are Koenigsegg Automotive AB can achieve. All the way from the first Koenigsegg, the CC8S,  to the very latest, the Koenigsegg Agera we got up close and personal with at Goodwood this year, and it’s bonkers big brother – the Koenigsegg Agera R. From the CC8S to the Agera R, Christian von Koenigsegg has always trod his own, very particular, path to supercar performance.

Lorenzo Ramaciotti to head Chrysler and Lancia design

Lorenzo Ramaciotti, current head of design at Fiat Group, has been tasked with leading the design of future Chrysler and Lancia products in a bid to more than double the sales figures of the newly collaborated brands. The 63-year-old former Pininfarina designer – credited to some of the most beautiful Italian machinery of the modern era – has been asked by Sergio Marchionne, chief executive of Fiat and Chrysler Group LLC, to create a common styling language for the two brands that wouldn't look out of place in Detroit or Milan. Ramaciotti has made it clear that badge-engineering isn't going to be the future for the two brands and is hoping to inject a unique, but global flavor, into the two brands.

Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.