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Paris Motor Show 2012 – Trends and Overview

The 2012 Paris Mondial de l'Automobile will not be remembered as a classic. When the Big Book of the Paris Motor Show is published, 2012 may be consigned to no more than a side note as the show that marked what a dire situation the European car industry was once in. The most worrying aspect of the Paris show was the general lack of progression.

Corvette-powered Karmas coming in 2014

VL Automotive, a Detroit venture backed by former General Motors' vice chairman Bob Lutz, is moving ahead with plans to convert Fisker Karma from hybrid power to Corvette power. Lutz told Automotive News on Thursday that the company has bought 25 unsold Karmas and has settled a dispute with an Asian investor that prevented VL from accessing the codes that operate the Karma's infotainment system. "Without getting those codes, it was close to impossible to get a working car," Lutz said.

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.