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Design boss plans Hyundai's next big splash

Every two weeks, Christopher Chapman makes the rounds at Hyundai's Irvine, Calif., design center to see what his team has in the "corner stack." The "stack" is a pile of index card-sized sketches on the corner of every designer's desk. For Chapman, Hyundai's U.S. design boss, it's a way to encourage his designers to keep ideas flowing.

Toyota Yaris Hybrid-R concept (2013) first picture of 400bhp Yaris

Here’s the first image of Toyota’s new hot hatch concept: a Yaris Hybrid boasting a faintly ridiculous 400bhp power output. You won’t be surprised to learn the Yaris Hybrid-R isn’t intended for series production: it’s just a party piece to celebrate 5.5m worldwide Toyota hybrid sales since 1997, and point to future Toyota hybrids that the company says will offer faster performance and a grin-inducing drive. What powers the Toyota Yaris Hybrid-R concept?

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.