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Porsche 911 designer Butzi Porsche dead at 76

Ferdinand Alexander “Butzi” Porsche died Thursday morning in Salzburg, Austria. He was 76. Since 1972, Porsche had led his own industrial design firm, Porsche Design.

Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.

Peugeot 208 GTi: Official

Peugeot has reviewed the 208 GTi Concept from Geneva 2012 and turned it in to the production GTi. Debuts at Paris. On sale early 2013.