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Koenigsegg teases Agera One:1 hypercar with 1,340hp

Koenigsegg has released the first official image of its new Agera One:1 hypercar, set to make its world debut at the 2014 Geneva Motor Show next month. Based on the Swedish firm’s Agera R model, the One:1 concept produces a whopping 1,340hp and weighs 1,340kg, meaning the car has a power-to-weight ratio of 1,000hp per tonne. That’s a lot.

Senate passes cash-for-clunkers extension

The Senate added $2 billion to "cash for clunkers" on Thursday, ending a week of suspense about whether the popular new program would have to shut down for lack of funds. The bill, identical to the one that passed the House last week, now goes to President Barack Obama for his signature. The administration has pushed hard for the new funding.

Incredible 'see-through bonnet' technology revealed

LAND ROVER has unveiled a barely believable new technology that allows off-road drivers to effectively see through the bonnet all the way to the ground. Cameras mounted on the front grille film the terrain and transmit the visual feed to a head-up display for the driver. The alignment is set up to perfectly match the real angle of view beyond the bonnet, creating seamless visibility right back to the car’s wheels.