Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series 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.

Peugeot 2008 Crossover: UK price from £12,995

That meant the Urban Crossover Concept from Geneva in 2012 turning in to the new Peugeot 2008 at the start of 2013 – before heading to Geneva 2013 for its public debut – and with that other French car maker, Renault, going a similar route with the Clio-based Captur, it’s clear the French see the future of compact cars moving away from hatchbacks to something more rugged. But unlike the Captur – which was a bit of a disappointing looking Clio on stilts – the Peugeot 2008 does look a more convincing offering, even if it’s a more generic-looking compact SUV than the Nissan Juke and would, for our money, be the pick over the Captur. Peugeot are targeting 8,000 sales a year in the UK for the 2008, and with prices starting at £12,995 and heading up to around £19,000 it seems, if anything, a quite modest target, especially as Peugeot reckons 65 per cent of 2008 customers will be new to the brand.

Fiat taking 35% stake in Chrysler

Fiat S.p.A. and Chrysler LLC confirmed today that the Italian company intends to acquire an initial 35 percent stake in the U.S. carmaker.