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EV battery maker A123 files for bankruptcy

Lithium-ion battery maker A123 Systems Inc. filed for Chapter 11 bankruptcy protection on Tuesday in U.S. Bankruptcy Court in Delaware.

AW Design Forum: Style remains key as transportation systems evolve

The entire way Americans view transportation is going to change, predicts industry expert David Muyres, and designers will be key in making new methods of mobility desirable. Speaking at the AW Design Forum on Thursday morning in Detroit, Muyres said transportation needs to be looked at as a complete system, where cars, cities and technologies--such as the electrical grid--all interact. But for this to work, the cars need to remain exciting, said Muyres.

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".