Watch: World's first flying car unveiled in Geneva

AFP/Geneva | March 9, 2017 Italdesign and Airbus world-premiered Pop.Up, the first modular, fully electric, zero emission concept vehicle system designed to relieve traffic congestion in crowded megacities. Gathered on the shores of Lake Geneva for Europe's biggest annual car show, leading automakers expressed cautious optimism on Tuesday about the industry's prospects for 2017, despite the climate of political uncertainty. [embed]https://youtu.be/L0hXsIrvdmw[/embed] Tens of thousands of people flocked to the Swiss city as the 87th Geneva International Motorshow opened its doors to experts and the media ahead of a public opening on Thursday. As the doors opened, the show was abuzz with talk of Peugeot-owner PSA's acquisition of Opel, the European subsidiary of General Motors, a 1.3-billion-euro ($1.4 billion) deal that will create the continent's second-biggest carmaker. During the motor show, Italdesign and Airbus world-premiered Pop.Up, the first modular, fully electric, zero emission concept vehicle system designed to relieve traffic congestion in crowded megacities. Pop.Up envisages a modular system for multi-modal transportation that makes full use of both ground and airspace. With European sales almost back to levels last seen in 2008, carmakers are celebrating the end of a crisis which saw the global financial meltdown inflict deep dents on the industry.