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Vauxhall Monza Concept revealed ahead of Frankfurt 2013

Go on, admit it. You didn't expect to be getting excited about a Vauxhall concept car at next month's 2013 Frankfurt Motor Show, did you? But when you chuck in the names 'Opel' and 'Monza', just about every petrolhead in the land should start to get a little excited.

Citroen C4 Picasso

Citroen has released pictures of their new midi-MPV, the C4 Picasso, which will make its debut in Paris next month. The design mixes C4 hatchback and the C-AirLounge concept with broken lines and full surfaces that have come to define contemporary Citroens. A total glass area of 6.4sqm (including optional sunroof) promises excellent visibility from what is claimed to be class-leading interior space.

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.