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Koenigsegg Agera R World Speed Records now official (video)

Koenigsegg Agera R gets Guinness World Speed Record - Video One of the speed records set back in September by the incredible Koenigsegg Agera R has now been ratified by Guinness - 0-300-0 km/h (0-186-0 mph) in 21.9 seconds. As we say every time Koenigsegg jumps in to vision with another bonkers car or speed feat, we’re amazed at just what a handful of men with beards (except Christian von Koenigesgg – who doesn’t seem to have a hair to his name) can do from a shed in the snow of Sweden. What makes Koenigsegg even more impressive is that it’s not just that they  produce a stunning looking hypercar, but that they do it all themselves.

Dodge to gatecrash Fiesta party

By Phil McNamara Motor Industry 30 July 2006 01:40 American brand Dodge is plotting a small hatch to take on Ford's Fiesta, with sales likely in 2008. Chrysler Group is in talks with three potential partners, to share a chassis for the baby Dodge. Chrysler boss Tom LaSorda told CAR Online that talks were ongoing with car makers from 'western Europea and Asia', and that he would make a decision on the project by the end of 2006.

Think, again: Norwegian electric-car maker looks for U.S. plant

Think, the Norwegian electric-car maker, says it plans to build an assembly plant and a technical center in the United States. After financing failed in the wake of the collapse of credit markets in late 2008, the company entered Norway's debt-settlement process (the equivalent of Chapter 11 bankruptcy), and production of its recently redesigned Think city car was halted. It continues operating under a $6 million interim funding measure while it pursues additional financing.