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Koenigsegg One:1 – 1400 hp & 280mph

Koenigsegg One:1 (pictured) 1400 hp & 280mph In a wide ranging interview – in which Bloomberg compare Christian to a benevolent Bond villain – Christian reveals that plans for the One: 1 have moved on in the last year, and what he has in store is impressive indeed. The Koenigsegg One:1 will come with 1,400 horses – more than we imagined – and it will indeed boast one hp for every one kilogram. But that weight is a weight including all fluids and even the driver.

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.

Nissan will recall 908,900 vehicles globally for accelerator sensor glitch

Nissan is planning to recall approximately 908,900 cars globally due to a flaw in the accelerator sensor that can cause the engine to stall, Reuters is reporting. The vehicles included in the recall were produced in Japan between 2004 and 2013, and include the Serena, X-Trail, Lafesta, and Fuga models. For the U.S.