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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.

Renault replaces Scenic with Renault Scenic XMOD Crossover

The Renault Scenic is no more, to be replaced by a rufty-tufty crossover with a raised ride height called the Renault Scenic XMOD. But Renault think they have the answer to the problem and are following the lead of partner Nissan – who junked their mainstream cars and replaced them with crossovers (step forward the Qashqai and Juke) – by dumping the Scenic and replacing it with the Scenic XMOD. The Renault Scenic XMOD isn’t a new car, but the Scenic with a facelift, raised ride height, butch bolt on bits and a nod to 4WD with a new Grip Xtend Traction control system.

JE Designs turns up the power in Touareg hybrid

JE Designs unveiled its freshly tuned 440-hp Volkswagen Touareg hybrid on Friday. The German tuning company boosted the Touareg’s output from 380 hp to 440 hp by optimizing the management of the 3.0-liter engine. The hybrid’s electric motor remains untouched.