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£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.

Russia's Dartz Prombron creates a 2,000-hp armored yacht hauler

Looking to make a statement at the yacht club? This will do it. Russian armored-vehicle manufacturer Dartz Prombron has teamed up with Eduard Gray of Swedish luxury-vehicle design firm Gray Design to create the 2012 Sportback, which is made to haul yachts and maybe scare small children.

Read the GM press release annoucing the sale of Saab to Spyker Cars

PRESS RELEASE: GM Reaches Agreement to Sell Saab to Spyker DETROIT -- General Motors and Spyker Cars NV today confirmed that they have reached a binding agreement on the purchase of Saab Automobile AB. "Today's announcement is great news for Saab employees, dealers and suppliers, great news for millions of Saab customers and fans worldwide, and great news for GM,” said John Smith, GM vice president for corporate planning and alliances. “General Motors, Spyker Cars, and the Swedish government worked very hard and creatively for a deal that would secure a sustainable future for this unique and iconic brand, and we're all happy for the positive outcome,” Smith said.