1969-1979 Corvette Spare Tire Carrier Bolts Original on 2040-parts.com

UK pays £30 million a month in parking fines

British motorists are paying out a massive £30 million in parking fines every month, according to Freedom Of Information data obtained by LV= car insurance. So far in 2013, councils have handed out over 890,000 tickets a month – an increase of 4% on 2012 figures. The huge £30 million total is based on the UK average parking fine of £42.

Koenigsegg backs out of deal to buy Saab

Swedish exotic-car maker Koenigsegg Group has canceled plans to buy Saab from General Motors. GM announced that the deal was off on Tuesday and gave no reason why the deal fell apart, nor did the automaker say what would happen to Saab. In a statement, GM CEO Fritz Henderson said: "We're obviously very disappointed with the decision to pull out of the Saab purchase.

Concept Car of the Week: Peugeot Proxima (1986)

Presented at the 1986 Paris Motor Show, the Proxima concept was the ultimate vision of '80s futurism, both in terms of its design and engineering. To assert its blue-sky vision, Peugeot named its creation after Proxima Centauri, the closest star to the sun. The exterior design was directed by Gérard Welter, and featured a long wheelbase, mid-mounted engine and very small overhangs, putting the accent on power and performance.