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Start up mobility van maker VPG shuts down

Van maker Vehicle Production Group -- recipient of a $50 million loan from the U.S. Department of Energy -- has suspended operations and is in the process of being sold, its former CEO said Wednesday. The Allen Park, Mich., company, which made MV-1 vans for the disabled, terminated about 100 workers and closed its offices in February.

Who's Where: Martin Smith to retire, succeeded by Joel Piaskowski as Ford Europe head of design

Martin Smith, head of Ford of Europe design for the last 10 years, will retire at the end of this year, before which he will work on a project to study the future direction of the company's global design direction. He will be replaced by current head of strategic concepts group, Joel Piaskowski on 1 July. Smith (64) first joined Ford back in 2004, leaving General Motors as director of design for Opel/Vauxhall.

Rolls-Royce Ghost (2009) prices and performance announced

By Tim Pollard First Official Pictures 21 July 2009 09:46 Rolls-Royce today confirms the full spec of the new ‘baby Rolls’, the Ghost. Although the final production car hasn’t yet been revealed, the prices, performance and other tech figures have now been made public. The Ghost, which is being shown at the 2009 Frankfurt motor show for the first time (the first four pictures are of the 200EX concept car, only the fifth, teaser photo is of the real production car), will be powered by a 563bhp 6.6-litre turbocharged V12.