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SUV owners to pay more for parking

SUV drivers should get ready to pay more at the parking lot, especially in big cities. MarketWatch reported on Wednesday that parking lots are going the way of airplane luggage: Bigger means more expensive. The report found that Manhattan garages charge $10-$15 more per day for oversized vehicles.

McLaren P1 caught on video

We have video of the new McLaren P1 – suitably camouflaged – out testing in Spain as McLaren fettles its Ferrari F70 basher. That was borne out when we had photos of the McLaren P1 shot in Norfolk a week or two ago as the P1 visited one of McLaren’s suppliers on an industrial estate in Diss. Now we get the P1 on the move on video.

Obama vows to help rebuild industry to compete, win

President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.