Terrafugia's flying car will be unveiled in New York.
March 4, 2012- In April, the Transition flying car from Terrafugia will appear at the “New York Auto Show.” On Thursday, the company said its “roadable aircraft” would be displayed at the April event. Last July the U.S. National Highway Safety Administration cleared the prototype for production.
The vehicle will be on display for event goers to see how its wings fold in and out. Company executives will also be on hand to speak to any interested people. However, there will not be any flight demonstrations at the show. Terrafugia was founded by a group of MIT graduates in 2006. The vice president for sales, Cliff Allen, said they had done some air shows previously but this event was to show off its road worthiness.
No announcement has been made as to when the actual production of the vehicle will begin. The company is asking that people place a down payment of $10,000 if interested in purchasing one. The Transition’s price tag is $279,000.
The car’s wings fit so tight into its side that it can fit into the garage of a typical home. Company executives hope the first vehicles will be ready for release before the end of 2012. Since the 1920s, a number of individuals and companies have attempted to build a flying car, but there have been none that went into mass production.
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