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Wiedeking to be offered $140 million to quit Porsche, report says

Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday. The newspaper said Wiedeking has been visited by Porsche Chairman Wolfgang Porsche in the past few days, who “made it clear” that the embattled CEO should step down. Wiedeking has come under fire for allowing Porsche's holding company to amass debts of more than $12.7 billion (9 billion euros) during a failed attempt to take over VW.

Mazda CX-7 gets sporty makeover for Europe

By Ben Whitworth Motor Industry 29 September 2006 03:13 Mazda is scrabbling to ready a muscular 170bhp turbodiesel engine for its new CX-7 crossover, which arrives in Europe next summer. Although the five-seat 4x4 will initially come with a 258bhp version of the Mazda 6 MPS's turbocharged 2.3-litre four, European market demands for diesel power mean Mazda will unleash a new 2.2-litre version of its four-cylinder diesel. This engine will be hooked up to a slick six-speed manual or five-gear automatic transmission.

NHRA driver Herbert brings teen driver training program to California

Simple question: How many of you have teenagers in the Southern California area who can benefit from free driver's training? Yes, you read that correctly. The National Hot Rod Association will host 12 sessions of the B.R.A.K.E.S.