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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.

BMW offers new M Performance accessories for M5 and M6

Tuners Alpina and AC Schnitzer aren't the only ones offering just about everything in carbon fiber for BMWs these days, and BMW has introduced performance accessories for their M5 and M6 cars, including the M6 Gran Coupe, Convertible, and Coupe. On the performance front, car owners will be able to purchase and retrofit an exhaust system developed by BMW's M division and engineering company Akrapovič -- one made entirely of titanium. This new exhaust system will be available for the M5, and all versions of the M6 and will result in a weight savings of approximately 22 pounds.

Nissan Leaf is European Car of the Year 2011

The Nissan Leaf has won the 2011 European Car of the Year gong, it was announced today. It's the first electric car to win the award. The European Car of the Year whittled down 41 contenders to a shortlist of seven.