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Monaco Grand Prix 2014: RESULT

Monaco Grand Prix 2014: RESULT Once again Mercedes has the front row to itself for the Grand Prix in Monaco, thanks to a controversial pole lap by Nico Rosberg, which leaves the prospect of an exciting fight between Rosberg and Hamilton for the win. But in truth, despite Hamilton’s best efforts, it was a clear lights to flag win for the German in Monaco, and another one-two for Mercedes. It also means Rosberg leapfrogs Hamilton to lead the drivers championship.

GM disbands unit that creates high-performance vehicles

General Motors, focusing on mainstream products in a battle to survive, has scrapped a unit that produced high-performance vehicles. GM on Wednesday disbanded High Performance Vehicle Operations, which is based at the company's suburban Detroit technical center, and redeployed its engineers, spokesman Vince Muniga said. "All high-performance projects are on indefinite hold," Muniga said.

EV maker Coda trims staff

Not much more could go wrong for electric-car maker Coda, which has struggled to sell its four-door EV in the United States since officially launching it here in March. But Web reports, first seen at www.plugincars.com, say the company laid off 50 employees, or 15 percent of its workforce, last week, mostly in the sales and marketing departments. Efforts by Autoweek to contact Coda have not been successful.