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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.

Kia goes (dark) green

By Jesse Crosse Motor Industry 23 September 2008 11:00 Kia has unveiled a portfolio of new environmental technologies, including a 1.4-litre Ceed with stop-start (due in the UK in 2009), a Ceed hybrid and the latest version of its fuel cell-powered Sportage. The Korean manufacturer is investing heavily in research and development and will increase its spend on R&D from £2.2 billion this year to £2.6 billion by 2010, combined with a 40 percent increase in manpower at its research centres around the globe. The money is being spent on developing downsized, turbocharged engines, efficiency improvements to conventional engines such as friction reduction and the separation of accessories like water pumps from the engine.

How the Honda Civic got a fast makeover

Jay Guzowski was getting more nervous by the day. As senior product planner for the redesign of the 2012 Honda Civic, Guzowski was shepherding the compact car from design freeze to market. But as he listened to others around the American Honda conference table -- with a year to go before the car's on-sale date -- he heard a disturbing refrain: The upcoming Civic was not good enough.