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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.

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.

BMW 1-series Convertible (2007) first official pictures

By Ben Pulman First Official Pictures 30 September 2007 12:01 A 1-series Convertible? Seems like a logical step… Indeed it does. BMW is gradually filling every niche with every possible model combination.