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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.

Video: The making of Forza Motorsport 4

Turn 10, the studio behind the design of Forza Motorsport 4 video game, has produced a video to revealed the lengthy process behind the creation of each car in their virtual pit garage. The video describes each, painstaking step from sourcing of the cars that will feature in the game to the development of the sound of each car. Some cars are scanned using equipment which gives accurate readings to 1/12,000 inch (around 0.002mm) is used to capture data that's imported into software used by anyone familiar with a design studio.

Gumpert tease two debuts for Geneva 2012

Gumpert are teasing two new cars for Geneva 2012 Gumpert has revealed they are heading to the 2012 Geneva Motor Show with two debuts. One should be a production version of the Gumpert Tornante. Back in November we reported that Gumpert were teasing a new car debut for the 2012 Geneva Motor Show, which we concluded (or hoped) would be a production version of the  Gumpert Tornante by TOURING we saw at the Geneva show in 2011.