Automotive News, News Service, Specialty cars
Flying car Terrafugia flying to the public soon (maybe) for $279,000 (video)
About six years after the company started, flying car manufacturer Terrafugia has announced its prototype has completed its first flight and it now hopes to begin selling its Transition model within a year. The vehicle has two seats, four wheels and wings that fold up so it can be driven like a car. Last month, it flew at 1,400 feet for eight minutes. Around 100 people have paid a $10,000 deposit to purchase a Transition, which will be introduced this week at the New York Auto Show. The vehicle is expected cost about $279,000. Five years ago, Terrafugia, based in Woburn, Mass., was helped by the Federal Aviation Administration’s decision create a separate and less restrictive set of standards for
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