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Koenigsegg One:1 – First official details

We have the first official details on the new Koenigsegg One:1, the most extreme Koenigsegg produced to date, a series of 5 cars for China. The Interwebs have been full of speculation about a new Koenigsegg in the last few days – the Koenigsegg One:1 – which has surfaced after a brochure scan for the One:1 was leaked online (above). The general consensus has been that the One:1 is a new customisation programme for Koenigsegg, allowing buyers to customise their cars in an even more extreme way.

New CAFE proposal would add $5,000 to sticker price, dealer group says

An Obama administration proposal to nearly double today's fuel economy standards could end up tacking on $5,000 to the sticker price of a new vehicle, a top official with the National Automobile Dealers Association said Tuesday. The proposal, which seeks to raise the corporate average fuel economy to 54.5 mpg by the 2025 model year, would force automakers to adopt costly fuel-saving technologies that could eventually price some buyers out of the new-car market, said Don Chalmers, chairman of NADA's government relations committee. NADA, a dealer trade association, represents 16,000 new-vehicle dealers who operate 32,500 franchises.

Ford Racing drivers share their Mustang memories

April 17 marks the 50th anniversary of the Ford Mustang, and recently Ford Racing asked some of its drivers and racing personnel, including Jamie Allison, director of Ford Racing, and Edsel B. Ford II of the Ford board of directors, to talk about their favorite Mustang memory. Here are some of those Mustang memories: Jamie Allison, Director, Ford Racing -- “My Mustang moment story is simple.