1984 Mazda Rx-7 Glass Sunroof on 2040-parts.com

Councils make £594m from parking

RECORD SURPLUSES from parking revenues have been achieved by councils, according to the RAC Foundation. In 2012/13 councils in England generated a combined "profit" of £594 million from their on and off-street parking operations, the foundation said. This was a 5% increase on the figure of £565 million for 2011/12, and just 52 of the 353 parking authorities in England reported a deficit in 2012/13.

GM's Lutz to retire May 1

General Motors Vice Chairman Bob Lutz plans to retire from the automaker effective May 1, according to a statement released by GM on Wednesday. Lutz, 78, had been serving as a senior adviser to GM Chairman and CEO Ed Whitacre after shelving retirement plans to take charge of the automaker's marketing after it emerged from bankruptcy in July 2009. An outspoken executive who both challenged global warming and championed GM's all-electric Volt, Lutz is credited with revitalizing GM's product development efforts after being hired by former GM CEO Rick Wagoner in 2001.

Pagani Zonda R Evo revealed ahead of Goodwood FoS Debut (video)

Pagani appears ready to reveal an ‘Evo’ upgrade for the track only Zonda R at the Goodwood Festival of Speed 2012. If you thought the ‘launch’ of the Pagani Huayra meant the end of the Pagani Zonda, you’d be mistake. The Huayra is fraught with ongoing problems for Pagani – most of them legislative – which means very few have found their way in to the wild (perhaps, and only perhaps, just one customer car is in existence).