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Watch: Ford Fiesta Rallycross car showcased in Detroit

The Ford Fiesta ST and the streets of Detroit and Belle Isle are the stars of this promotional video released on June 26 by Ford Racing to help promote the ongoing bid of organizers who are hoping to lure the X Games to the Motor City in 2014. Detroit is one of four finalists for the 2014 X Games, along with Austin, Texas; Charlotte, N.C., and Chicago. An announcement is expected late this summer as to which of the three cities will be awarded the three-year run of Summer X Games.

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.

Nissan Almera

The new Nissan Almera was launched yesterday at the 2012 Moscow auto show, designed specifically for the Russian market. The design team sought to combine contemporary Nissan design cues with more classic features on this 4,656mm-long five-seat sedan. The Almera has a long wheelbase of 2,700mm while the luggage area is said to be disguised by the sweep of the roofline and rear window that flows into the trunk lid.