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Maybach is dead - Zetsche closes Merc's upmarket wing

Daimler is to announce the closure of Maybach, marking the failure of its upmarket division resurrected to battle BMW's Rolls-Royce and VW's Bentley subsidiaries. Chief exec Dieter Zetsche will tomorrow (Saturday 26 November) announce he's lost patience with Maybach in an interview with a weekend newspaper in Germany. No more Maybachs will be developed and stocks will deplete by later in 2012.

London world’s most expensive place to park

REX The average cost to park a car for a day in London is a whopping £42 – making London the most expensive city for car parking in the entire world. This is according to new research by ParkatmyHouse.com, which ranks the UK capital number one, well ahead of the likes of New York, Sydney and Tokyo. On Bing: see pictures of car parking in LondonThe world’s strangest car parks The next most expensive city to park in is Tokyo – a place so notorious for its lack of available parking space the Japanese have an entire class of city cars dedicated to making it easier.

Aspid GT-21 Invictus revealed – sort of

Aspid – the Spanish supercar maker which was IFR Aspid – has revealed the first images, and video, of the new Aspid GT-21 Invictus. IFR Aspid made the Caterham-esque – and rather bonkers – Aspid SuperSport, but after a change of name to just ‘Aspid’ they teased a new car back in May, which looked to be more mainstream. That tease arrives as the Aspid GT-21 Invictus, which takes the starting point of the very ‘open’ SuperSport and clothes it in a new body that turns it in to more of a GT car – even if it still gets open front wheels.