Ecclestone faces £4 million bill

MOTORSPORT boss Bernie Ecclestone must pay lawyers' bills adding up to about £4 million despite winning a High Court fight with a German media company, a judge has ruled. In February, Mr Justice Newey had dismissed a claim for around £80 million in damages by Constantin Medien - which had said it lost out after Mr Ecclestone entered into a "corrupt agreement" with a banker to facilitate the sale of the Formula 1 Group to a buyer chosen by him. But, despite ruling against Constantin after a High Court trial in London, the judge had described 83-year-old Mr Ecclestone as not "reliable or truthful".

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.

Mercedes S400 Hybrid – and a facelift as well

Mercedes S400 Hybrid launched - and a facelift for the S Class Range [ad#ad-1] Mercedes has long held the ‘Best Luxury Car’ mantle, despite build quality issues in the early part of this century, but the competition, particularly from Audi and BMW has got stronger with each model change, so they have to keep upping their game (and the new Jaguar XJ may make them up it even further before long). So we knew it time for a facelift for the current S Class, but Mercedes has decided to link that with the launch of the first S Class Hybrid – the S400 Hybrid. The S400 Hybrid gets a 3.5 litre V6 petrol engine, which on its own delivers 279bhp, but linked to an electric motor it gets a 20bhp boost and a big jump in torque.