New Stratos (w/ Gallery)

After weeks of speculation, the official story and pictures of the reborn Lancia Stratos – officially named 'New Stratos' – have been revealed. While the car's design and concept are obviously related to the 2005 Fenomenon Stratos – a venture headed by RCA graduate Chris Hrabalek – design and development have been completed by Pininfarina. Initially headed by Jason Castriota before he left – ironically for the original Lancia Stratos' birthplace, Bertone – Luca Borgogno completed the exterior and interior design.

Bentley Continental GT Speed specs released

British luxury-car maker Bentley has published complete details of its new flagship vehicle, the Continental GT Speed. The 6.0-liter twin-turbo W12 engine develops 616 hp and 590 lb-ft of torque, which is good enough to propel the three-ton car from 0 to 60 mph in 4 seconds. The car tops out at 205 mph.

MPs call for parking charge reports

COUNCILS should publish annual parking-charge reports to show where revenue comes from and where it is being used, MPs said today. The use of parking charges and fines specifically to raise revenue was "neither acceptable nor legal" said Louise Ellman, chairman of the House of Commons Transport Committee. Launching a report by her committee into local authority parking enforcement in England, Mrs Ellman said: "There is a deep-rooted public perception that parking enforcement is used as a cash cow, so it's essential that local authorities apply stringent transparency." The committee said local authorities in England had a collective parking surplus in the hundreds of millions of pounds, but that the exact amount was subject to debate.