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World's Most Expensive Parking Spot Sells For $1.3 Million


McLaren
Hong Kong packs over seven and a half million people into 428 square miles, and is one of the most densely populated cities in the world and one of the most expensive to live in. Seen as one of the major economic powerhouses of the People s Republic of China, this city attracts big money, and when it comes to parking spaces, the rich are clearly willing to spend. The record setting spot sits in an ultra-luxury development located in The Peak residential area, situated on the highest hill in Hong Kong. The parking lot which sold for $1.3 million broke the previous record of $980,000 set back in 2019. ....

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Consortium Offers $9 Billion To Purchase Lamborghini


Is the VW Group ready for another big change?
A brand new Lamborghini Sian will require you to part with over $3.5 million and the Italian automaker doesn t sell any model for less than $200,000, casual reminders that owning a Lamborghini is out of reach for most of us. But what would you expect to pay for the Lamborghini brand as a whole? Well, a breaking report from Autocar revealed that the Volkswagen Group - under which Lamborghini resides - has been offered the sum of €7.5 billion (over $9.1 billion) for Automobili Lamborghini by a Zurich-based holding company called Quantum Group AG. If the non-binding offer goes ahead, it wouldn t be the first big shake-up within the VW Group in recent times. ....

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