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Ssangyong Motor unveils new Design Center at Pyeongtaek plant

Ssangyong has opened a new Design Center at its Pyeongtaek plant in South Korea. The new Design Center, which took 13 months to complete, has been opened to further integrate research and development into the company during the production process with the aim of "enabling synergies in diverse fields throughout the development process". Ssangyong designers will now be working in a facility spanning around 8,700 square meters compared to their previous building of just over 6,000 square meters in Anseong.

2011 Ford F-150 aims for fuel economy, power

The Ford F-Series has been America's top-selling truck for decades. But in a nod to changing times, Ford is now also focusing on fuel economy for its iconic truck for the 2011 model year. The F-150, which is offering a V6 again this year, will get 23 mpg on the highway and 16 mpg in city driving using the naturally aspirated, 3.7-liter V6 that makes 302 hp.

Bernie Ecclestone's daughter buys pricey house in Los Angeles

After nearly three years, Candy Spelling has finally found a buyer for her Los Angeles mansion (which some would call a castle)--the daughter of Formula One commercial boss Bernie Ecclestone. Petra Ecclestone, 22, will be the new owner of the 57,000-square-foot home in Holmby Hills, according to the Wall Street Journal. Spelling was asking $150 million for the joint, which puts it among the most expensive homes in the country, according to the newspaper.