Flying Cars to Come Soon...

Story: 

The Flying Car - A Fantasy Soon To Come True!!
The flying car which is popularly called the TF-X will be a hybrid of a car, helicopter and plane, which can be driven as well as flown like a personal jet plane.
First model set to go on sale in two years - and there is even a version that can take off vertically if you get stuck in a traffic jam.

Analysis:

Circulating messages talk about the fantasy of flying cars becoming a reality soon, also those which can take off vertically when you get stuck in a traffic jam. It is a fact with some misinformation.
The flying car, known as the Transition Flying Car was developed by a Massachusetts based company called Terrafugia (means Escape the Earth in Latin). It was founded in Woburn by pilot-engineers from Massachusetts Institute of Technology. The company mainly works around building practical flying cars, and its motto is to bring personal aviation into the mainstream.

The Transition Flying Car

As mentioned in the message, the Transition flying car is an hybrid car, helicopter and plane that can be driven as well as flown like a personal plane. The hybrid flying car is a two-seater aircraft with folding wings. The company is keen on this street-legal airplane that converts between flying and driving modes within a minute.
The prototypes of these Transition cars have in fact been flying for years, as the company is testing its durability and the certification by federal aviation and highway safety agencies. The company said that it is planning to start delivering the flying car to customers in 2015 or 2016. In the first video, you can watch a test flight of this Terrafugia Transition flying car conducted in 2009.

The TF-X™

Terrafugia is also working on a successor model of this flying car called as TF-X™, which can take off and land vertically, flying at more than 200 mph and for 500 miles - carrying four people. The company announced about these studies of vertical takeoff and landing (VTOL) plug-in hybrid-electric flying car in a press statement released on May 5th, 2013. Terrafugia plans to incorporate the state-of-the-art intelligent systems and control technology in the proposed TF-X™ so as to increase the level of safety and comfort of personal aviation.
However, this vertical take off car is in the earliest stages of design and feasibility studies. The second video shows the design vision of this VTOL car. The company said that they are planning to develop the TF-X™ to have the most control over the flight so that even a person without a license would be able to fly it.
These flying cars will be a good news for the frustrated commuters, also for the fact that it gives them a new dimension of personal freedom.