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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.

Bush leaves CAFE decision for Obama

The Bush administration has decided to punt its promised decision on new fuel economy standards to the Obama administration. In a statement this morning, the U.S. Department of Transportation said it will not issue final rules for fuel economy standards for the 2011-15 model years as planned.

Renault-Nissan and Mitsubishi to join forces

MITSUBISHI and the existing Renault-Nissan alliance are set to work together on a series of new cars. Discussions aren’t finished but as part of the deal Mitsubishi will get hold of a Renault chassis large enough to use as a base a full-size saloon for the North American market. The firms will also further develop an electric version of a Japan-only ‘kei car’.