884 Decryptor Ultegra on 2040-parts.com

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.

2010 Lexus RX 350 gets $37,625 sticker

The redesigned 2010 Lexus RX 350 gets a sticker price of $37,625 for the front-drive model, and $39,025 for the all-wheel-drive model. The new RX goes on sale later this month. Lexus engineers have coaxed an additional 5 hp from the 3.5-liter V6, bringing the output to 275 hp.

KTM X-Bow – want a drive?

KTM X-Bow 'Drive Orange' track days at Brands Hatch and Silverstone KTM is an Austrian Motor Cycle manufacturer which has woken up to the possibilities of making a four-wheeled creation, and has been busy building and refining the X-Bow in collaboration with Dallara and Audi. Featuring a 237bhp, 2.0 litre Audi  TFSi unit – and coming in at a bit under £50,000 for the street version – its low weight (790kg) gives it supercar acceleration of around 3.7 second 0-60mph. There is even talk of a 380bhp version, which will put it up there with the Ariel Atom V8 we reported on recently.