Originally Posted by BBC.co.uk
US company Terrafugia has put on display a prototype car that is licensed to fly as well as drive, at the New York International Auto Show.
It is the first vehicle in the world to have met both the standards of the FAA (Federal Aviation Administration) and the NHTSA (National Highway Traffic Safety Administration), according to Cliff Allen, Vice President of Sales at Terrafugia.
This makes it the first "street legal aeroplane", he said.
Known as the Transition, the versatile vehicle has two seats, four wheels and retractable wings.
It is expected to be available next year, with a price tag in the region of $279,000 (£176,300).
It's always nice to be reminded that we're living in the future, even though this doesn't sound any bit practical right now. The wingspan is the width of three traffic lanes already. ;_;