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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.

Saab struggles with bills – Vladimir says it’s all fine

The Saab production line grinds to a halt as components run out I think we all hoped that after the long, painful transition from GM ownership in to new hands at Spyker that things would settle down and Saab would get back to making cars instead of headlines. But it seems not. Just a few days ago we had news that lifetime Saab man and CEO of Saab Jan Åke Jonsson is to step down in May, together with the news that Saab lost €140 million in 2010.

American taxi hits 100

By Liz Turner First Official Pictures 04 April 2007 05:35 American taxi celebrates its 100th at the New York Motor Show The US taxi celebrates its centenary at New York this week with a display of the ‘green’ yellow cabs of tomorrow. The rank gathered by The Design Trust for Public Space for its Taxi ’07 display include a lithium-battery powered taxi from Hybrid Technologies, and the world’s fastest taxi. This hydrogen-burning 1000hp Crown Victoria has a projected top speed of 200mph, for Wall Street traders who really can't hang around.