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London world’s most expensive place to park

REX The average cost to park a car for a day in London is a whopping £42 – making London the most expensive city for car parking in the entire world. This is according to new research by ParkatmyHouse.com, which ranks the UK capital number one, well ahead of the likes of New York, Sydney and Tokyo. On Bing: see pictures of car parking in LondonThe world’s strangest car parks The next most expensive city to park in is Tokyo – a place so notorious for its lack of available parking space the Japanese have an entire class of city cars dedicated to making it easier.

Mercedes-Benz handing off all V12 development to AMG

Wholly and verily, the Mercedes-Benz V12 in AMG tune is the most astounding motor Daimler puts in a car. Yes, the last-legs 6.2-liter 6.3 V8 is a hairy, wondrous beast. The diesel V6, with enough torque to shame a Buick 455, makes short business of long-distance travel, and the twin-turbo eights are nothing to sneeze at.

Saab's future could be bright

Saab is planning a return to its old-brand values with an extended model range as it prepares for a new, independent future owned by a joint U.S.-Scandinavian investment team. Swedish supercar maker Koenigsegg grabbed headlines as the buyer from General Motors, but Koenigsegg is just one of at least three major investors. The others are West Coast entrepreneur Mark Bishop and Norwegian holding company Eker Group.