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It’s a verb, to park, as in to put something in a particular place and leave it there. Here, it means that they’ve settled the claims, promised to behave in the future, and they’re moving on. It is very awkward and seems impossible to understand without reading more. Maybe it makes more sense to the British.

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It does not make more sense to the British, this is just the particular "clever" writing style favoured by The Register. Maybe it was sharp in the 2000s, I can't honestly remember, but these days it makes the site pretty much unreadable for me.

It's a poor choice of words considering GM makes cars, yes in other contexts I would read "parks" as "shelves" or "puts on hold" but even with your explanatory note it took me a couple of reads to figure out what the title actually means

I assume they chose it exactly because GM makes cars. El Reg likes being clever even to the detriment of clarity.

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