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Scion Hako Coupe concept

By Liz Turner Motor Shows 20 March 2008 10:34 Welcome to the Scion Hako Coupe concept. Hako is Japanese for box, but if this is a box, then it’s Tupperware that’s been melted on the stove. The concept is designed to express the love of all things retro-American in Japan.

McLaren F1 sells for $8.47 million at Gooding & Co’s Pebble Beach Auction

McLaren F1 chassis #66 (pictured) has sold for $8.47 million There’s been an inexorable rise in the price of classic cars in recent years as rich men realise that certain classic cars not only have huge appeal, but appear to be going only one way in price. Add to that – certainly in the UK – that any profits made on the sale of a classic car you’ve bought for your own enjoyment are tax free, and it’s no shock that values keep rising, and the rarer the car the more they rise. So with only 64 road cars made, the McLaren F1 can be considered a sound investment, with values rising since it first sold in the 1990s for around £640,000 to a new world record auction price set last night of £8.47 million (around £5.42m).

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.