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Wiedeking to be offered $140 million to quit Porsche, report says

Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday. The newspaper said Wiedeking has been visited by Porsche Chairman Wolfgang Porsche in the past few days, who “made it clear” that the embattled CEO should step down. Wiedeking has come under fire for allowing Porsche's holding company to amass debts of more than $12.7 billion (9 billion euros) during a failed attempt to take over VW.

Zagato TZ3 Stradale: Alfa curves meet America muscle

The beautiful Alfa Zagato TZ3 Stradale There’s been a lot going on to celebrate the centenary of Alfa Romeo, not least the cars created to pay tribute to a marque that still oozes petrol from every pore. January 2011 saw the Alfa Romeo Pininfarina Concept at Geneva Motor Show, April saw the Alfa Romeo TZ3 Corsa début at Villa D’Este and Christmas had us expecting a Zagato TZ4 Stradale after Zagato’s Christmas card seemed to show what we thought could be an Alfa Romeo Zagato TZ4 all wrapped up in a bow. Now, four months on, Zagato has taken the bow of the Christmas present and presented us with the Zagato TZ3 Stradale, beautiful Alfa curves and based on a … Viper.

Hyundai reveals Zombie apocalypse Veloster at Comic-Con

Hyundai is continuing its collaboration with “The Walking Dead” TV show at Comic-Con this year in San Diego. The company revealed a second Zombie-proof vehicle, and this time it’s a Veloster. The orange hatchback was outfitted by Galpin Auto Sports in California as well as media company Future US.