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.

KIA WINS AUTO EXPRESS USED CAR SCHEME OF THE YEAR

KIA’S Approved Used Car Scheme has been recognised as the best in the industry having been crowned Used Car Scheme of the Year in the Auto Express Used Car Awards 2011. The magazine praised Kia for going above and beyond normal approved used programmes with a number of customer benefits including its industry-leading seven year warranty that is fully transferable to subsequent owners.  Approved Used Kias don’t just get the balance of their manufacturer warranty.  Instead, the warranty is topped back up to the full seven years meaning that an Approved Used Kia gets the same warranty as a brand new Kia. Commenting on the award, John Hargreaves, Head of Vehicle Remarketing, Kia Motors said: “When we launched our Approved Used Car Scheme we set out to ensure it really did represent the best possible deal for customers so we’re obviously very proud that this been recognised by Auto Express with this award.

SEAT Mii (2012) – SEAT’s VW Up! – arrives

SEAT Mii Volkswagen are making sure the development costs of the new VW Up! City car get covered as quickly as possible, with not just the VW Up! hitting the markets in 2012 but the Skoda version – the Skoda Citigo – bowing in too.