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Koenigsegg Agera One:1 is world’s first “megacar”

Even in a world recently introduced to the Ferrari LaFerrari  (sold out), McLaren P1 (sold out) and Porsche 918 Spyder (er… ) hypercars, boutique Swedish supercar maker Koenigsegg has just made an extraordinary announcement. At the 2014 Geneva Motor Show, it will reveal the Agera One:1 – which Koenigsegg has dubbed the world’s first "megacar". Thing is, having looked at the spec, we believe it.

Green three-wheelers may get Energy Department funding

Aptera Motors, Elio Motors and other companies developing fuel-efficient three-wheeled vehicles got a boost from Congress this week in their quest for federal funding. Legislation to make three-wheeled vehicles eligible for Energy Department loans passed a conference committee of House and Senate leaders Wednesday and then got approval from the full House on Thursday. It is part of an energy spending bill likely to go before the Senate by next week for final congressional passage, a Senate aide said.

2015 Nissan Versa to debut at New York auto show

Nissan revealed the first images of the 2015 Versa sedan on April 11. The car goes on sale next week after its debut at the New York auto show for the seriously low price of $12,800 including destination. Improvements include new front and rear fascias, interior upgrades and new packaging content.