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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-designed Santa's sleigh (2010)

It's that time of year again when CAR commissions leading car designers to pen their vision of Santa's sleigh. First up in 2010's sleighfest is Peugeot's new Christmas transport. The new Peugeot sleigh adopts all the latest design trends straight from the design bible of Gilles Vidal, the 38-year-old design director in Paris.

Peugeot and Philippe Starck design bicycle for Bordeaux scheme

Peugeot and accomplished designer Philippe Starck, have developed a unique bike for the city of Bordeaux as part of their continuous promotion of cycling in the city. The new concept of bike-scooter, proposed by Starck and adapted for production by Peugeot, will help in the city's ongoing efforts to improve mobility within Bordeaux. In 15 years the number of cyclists has tripled after a number of initiatives came into effect, two examples being limiting traffic and developing the tramway within the city.