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Are GM planning to shut Vauxhall for good?

Could General Motors (GM) be planning to close Vauxhall down for good as they seek an answer to huge losses in Europe. General Motors has had its share of problems in the last few years, not least the bailout needed to save it from bankruptcy in the US. That US bailout has seen GM return to profit in the US, but GM Europe continues to be a big hole in its accounts as the European car market continues to struggle with over capacity and a lack of buyers for traditional mainstream cars.

£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.

Rural motorists pay price at pumps

RURAL MOTORISTS are beginning to feel petrol price pressure at the pumps again, according to the AA. Average UK petrol prices went back above 130p a litre at the end of April and continue to hover around that level. But the AA said that a war in which supermarkets have pitted vouchers against rock-bottom pump prices means the cheapest petrol in many big towns and cities is at year-lows of just under 126p.