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Koenigsegg Agera R hits 250mph at Nurburgring +video

Koenigsegg Agera R hits 250mph at Nurburgring The incredible Koenigsegg Agera R has hit a top speed of 249.54mph at a private event at the Nurburgring and we have it on video. We have a huge hankering for the cars that Christian von Koenigsegg produces, and none more so than the Koenigsegg Agera R. Koenigsegg has endowed the 2012 Agera R with a raft of improvements to make what was already a massively impressive car even more so.

Sao Paolo 'Giugiaro – 45 Years of Italian Design' exhibition announced

The ‘Giugiaro – 45 years of Italian Design' exhibition will be held at the Sao Paolo Museu da Casa Brasileira. The show, held from 7 February until 31 March, highlights the significance of Giorgetto and Fabrizio Giugiaro's work for the Italian design identity. The Museu da Casa Brasileira, which gives the most important design award in Brazil, will use five rooms to display exhibits ranging from car designs and concepts – the Aztec and Structura – to production models including the Volkswagen Golf Mk 1.

Future of Ford Mustang plant in doubt as sales decline, Mazda bails

For Ford Mustang fans, it's tough enough getting beaten in the sales race by the car's long-term rival, the Chevrolet Camaro. Now the future of the Michigan plant that builds the Mustang is in doubt. Last week, Mazda Motor Corp.