Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

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.

Porsche – the boss goes

Porsche boss Wendelin Wiedeking quits Well, Wendelin Wiedeking is not just any old suit, but the man credited with taking Porsche from an ailing, one-model car maker to the cash-cow it became. But Wendelin has become a victim of his own success – and the current economic woes. At any other time in the last decade, Wendelin’s plans to swallow VW would have worked.

Volkswagen Taigun concept

Volkswagen has unveiled its new Taigun concept car at the Sao Paolo motor show, previewing a future B-segment SUV. The Taigun continues VW's new SUV aesthetic, first shown on last year's Cross Coupe concept, with a similar, full-width grille and lamp and very strong horizontal feature lines. Unlike the crossover Cross Coupe however, the Taigun follows a more traditional, upright SUV format.