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Porsche CEO likely to bow to pressure to leave, report says

Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.

Toyota wins unintended-acceleration case

Toyota secured a legal victory on Friday against the landslide of unintended-acceleration claims that have dogged the company for more than a year. A jury in New York found in favor of Toyota, rejecting claims of a driver who said a floor mat was the cause of his 2005 crash in a Scion tC. The jury took 45 minutes to reach the verdict after a weeklong trial in federal court.

September sales hint at improvement

A 10 percent increase in new-vehicle sales in September is sparking optimism that the year will have a strong finish. And analysts say that deals might get better over the next few months as Toyota and Honda finally recover from shortages caused by the earthquake that hit Japan in March. Those brands might increase spending on incentives to woo buyers back into their showrooms.