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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.

2013 Ford F-150 gets Limited model, changes

The Ford F-150 pickup gets a handful of upgrades for the 2013 model year. The key changes include a redesigned center stack, the availability of high-intensity discharge headlamps and the addition of a new range-topping Limited trim. The changes come as rival General Motors prepares to launch redesigned versions of the Chevrolet Silverado and GMC Sierra pickups.

SsangYong Korando Sports

SsangYong has revealed its new 2013 Korando Sports, which aims to bridge the gap between a commercial vehicle and a family car. However, despite its name, it is a completely separate model to the Kornado compact SUV. This first appeared as the SUT-1 (sport utility) concept at motor shows around the world in 2011 before making its way to the 2012 Geneva motor show, production-ready.