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Porsche chief Wendelin Wiedeking resigns

Porsche chairman Wendelin Wiedeking has bowed to mounting pressure in announcing that he will step down immediately. The resignation came Thursday, following a surprise meeting of the company's supervisory board at its Weissach R&D headquarters outside of Stuttgart, Germany, on Wednesday night. Wiedeking's announcement comes after months of tense and public infighting following Porsche's failed attempt to wrest control of Volkswagen, which left it with $12.7 billion in debt, and slowing sales in key markets such as North America.

AutoWeek Exclusive: A conversation with the boss of Barrett-Jackson

The phone rings. Longtime Barrett-Jackson chief executive Craig Jackson is on the other end of the line. He's at his SoCal estate a week after a wildly successful sale nearby in Orange County.

Ferrari goes green--and blue, yellow and white

Pinstripes for the New York Yankees. Gold helmets for Notre Dame football players. And red Ferrari race cars for the Scuderia.