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Audi's new Quattro to be an Evoque-style crossover

There’s more disappointment afoot for fans of Audi concept cars. After previous admissions that Ingolstadt wouldn’t build the R8 V12 TDi or an electric successor to the A2, CAR can now reveal that a production version of the Quattro concept first seen at the 2012 Paris motor show has also been canned. However, a high performance Quattro-inspired coupe could still see the light of day, in the form of a Range Rover Evoque-style crossover, CAR understands.

Detroit Electric, Geely to develop fleet EVs for China

Geely Automobile Group and startup electric automaker Detroit Electric Inc. have agreed to develop electric vehicles and electric drivetrains for sale in China. Under the deal, the first EV will be a modified version of Geely's Emgrand EC7, which will go on sale early next year.

£400,000 parking space for sale

The UK’s most expensive parking space has been advertised for a whopping £400,000 – 15 times the average UK salary. The space, which holds two cars, is located close to the Royal Albert Hall in Kensington. On Bing: see pictures of expensive parking spaces London world’s most expensive place to park Its pricetag is 2.5 times that of the typical UK house – but still £3,792 cheaper than the average house in London, according to the Daily Telegraph.