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.

Monterey auctions set sales records

Monterey 2012 entered the record books not only besting all previous sales totals, but also producing some astonishing individual sales results. Although final numbers are not in, the folks at Hagerty Insurance had observers at each auction who kept a running total while every car crossed the block. Expect the total numbers to go up as postblock deals were being put together by each auction house.

Cadillac CTS-V hits the UK

When you think of Cadillac you tend to think of geriatric Americans coasting round God’s waiting room in Florida. Slow, old, wrinkled and not very well bolted together (and that’s just the drivers), nothing to inspire the car lover, and certainly nothing to suggest it would be a good idea to try and sell a big Cadillac saloon in the UK. Who would want to buy a slow, old fashioned Cadillac in the UK?