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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.

MINI Goodwood ‘Rolls Royce’ range to grow

the MINI Goodwood range is going to grow We finally got the MINI by Rolls Royce – The MINI Inspired by Goodwood – at this year’s Shanghai Motor Show, although it had been on the cards for a couple of years. ‘Inspired by Goodwood’ is a bit less blatant than ‘MINI Rolls Royce’, but it still reflects the prestige and craftsmanship associated with Rolls Royce, as these days Rolls Royce are put together on the Goodwood Estate. When MINI officially revealed the Goodwood, they said they would be building just 1,000 cars, based on the MINI Copper S, but with a non-vented bonnet and custom alloys, burr walnut and cornsilk leather.

2012 Canadian Grand Prix Qualifying: Vettel takes pole

Sebastian Vettel has taken Red Bull’s second pole position in a row with a stunning qualifying at the 2012 Canadian Grand Prix. Red Bull may have seemed a bit out of sorts so far in the 2012 F1 season, but Vettel’s pole at the Canadian Grand Prix on top of Mark Webber’s win at Monaco last time out may be an ominous sign for the rest of the grid. Vettel took his Red Bull round Montreal’s Circuit Gilles Villeneuve a full three tenths of a second ahead of second place Lewis Hamilton and moves Vettel up to fifth place in the all-time pole listings alongside Nigel Mansell – and his career still has a long way to go to overhaul Schumacher, Senna, Clark and Prost.