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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.

Video: BMW’s beautiful Design Portrait of Karim Habib

We're often inundated with videos from OEMs. Many are thinly-disguised PR-laden party political broadcasts but occasionally we're presented with gems such as this Design Portrait of Karim Habib from BMW. Ok so we don't really believe the Head of Design, BMW Automobiles sits dreamily sketching at a perfect desk with only a delicate espresso for company or that he cruises Munich in a (gorgeous) 2002 tii oldtimer for inspiration, but as an insight into what makes Habib tick, his design philosophy, and how he came to be in such a position, it's a beautifully-shot treat.

Mazda Miata roadster passes 900,000-built milestone

Mazda on Friday built its 900,000th MX-5 Miata, raising the bar on its Guinness World Record for best-selling two-seat sports car. The MX-5 Miata originally set the record in May 2000, when production reached 531,890 units. But the record was updated when production reached 700,000 units and again when production reached 800,000 units.