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New car sales September 2014 best in ten years. But…

The Ford Fiesta was again the best-selling car – September 2014 We’ve got used to new car sales / registration reusing month after month, and September 2014 is no different. The Society of Motor Manufacturers and Traders (SMMT) is reporting new registration for the important plate change month of September at 425,681 units, the strongest September performance since 2004 and the 31st month in a row new car sales have increased. But the SMMT do say that although September’s figures show yet another increase, it only represents a rise of 5.6 per cent compared to the March plate change registrations rise of 18 per cent, an indication that the new car marekt is starting to level off after nearly three years of growth.

SEMA 2008 show report: Volkswagen Passat CC

By Ben Whitworth Motor Shows 07 November 2008 09:00 Volkswagen’s sobriety took a back seat at the SEMA show in Las Vegas this week – it pulled the covers off a pair of muscle-bound Passat CCs, a racy 295bhp Tiguan and a grunty diesel Jetta aimed at cajoling the American market into turning its back on gasoline. The unambiguously named Performance CC – designed by Volkswagen’s California-based design centre – gets a shot in the arm from a three-stage turbo boost to its 2.0-litre TSI engine. In Eco mode you get a modest 222bhp and 236 lb ft of torque, GT mode hikes those outputs to 252bhp and 268 lbs ft, while the Full Power stage unleashes 311bhp and 313 lb ft.

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.