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Exclusive: Frank Stephenson to become Design Director at McLaren

Thanks to our contacts in the automotive design community, we've become aware that Frank Stephenson, who until recently was Director of Design at Alfa Romeo, will be taking on a new role as Design Director at McLaren. "McLaren is pleased to confirm that Frank Stephenson will shortly join as Design Director," a company spokesperson told CDN, but would not reveal additional details. Stephenson was not prepared to comment.

Porsche – the boss goes

Porsche boss Wendelin Wiedeking quits Well, Wendelin Wiedeking is not just any old suit, but the man credited with taking Porsche from an ailing, one-model car maker to the cash-cow it became. But Wendelin has become a victim of his own success – and the current economic woes. At any other time in the last decade, Wendelin’s plans to swallow VW would have worked.

Porsche reveals Panamera Turbo S

PORSCHE has taken the wraps off its new Panamera Turbo S, built for those who think the regular Turbo is neither fast nor exclusive enough. Prices will start at more than £131,000 for the car, which uses a twin-turbocharged 562bhp V8 petrol engine and four-wheel drive to catapult its two-tonne bulk to 62mph in just 3.8 seconds, on the way to a top speed of 192mph. Fuel economy is recorded as 27.7mpg on the European standard ‘combined cycle’ average, but drivers in the real world should expect around 20.