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5 by Peugeot concept

French automaker Peugeot is poised to showcase yet another concept car at the Geneva motor show next month. Called the '5 by Peugeot' this second show car will be displayed alongside the SR1 concept previously announced. Both are expected to showcase the company's zeal for creating design led products.

Parking wardens given ‘illegal’ bonus targets

Parking wardens are given ‘illegal’ bonuses based on the number of fines they dish out, according to an investigation by the BBC. Three London Councils are now being probed by Local Government Minister, Brandon Lewis, as a result of the BBC’s research. On Bing: see pictures of bad parking UK pays £30 million a month in parking fines Bromley Council’s parking firm Vinci reportedly paid wardens a bonus of £20 a ticket, with a target of 72,000 penalty charge notices – while Lambeth’s parking enforcement contractors NSL ‘requires’ 205,000 tickets to be issued a year.

Chrysler bankruptcy filing said to be part of plan to seal Fiat deal

Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.