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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.

Spyker want $3 billion from GM over Saab Saga

Spyker has filed a law suit against General Motors for $3 billion for refusing to allow Saab to be sold to the Chinese. Victor Muller is not the kind of man who gives up until he’s exhausted every avenue to get what he wants. Which might explain why Spyker has just issued a $3 billion law suit against GM.

BMW Z4M? Sorry, it’s the Z4 M-Sport

BMW are testing a Z4 with an M-Sport package round the Nurburgring I suppose that at least this way you can have a Z4 that looks the part- with bigger wheels and bumpers and maybe even a suspension tweak or three – without having to bother with the big price ticket or the not inconsiderable running costs. To be fair, the Z4 sDrive35i is not particularly slow. It will manage to get to 60 mph in around 5.0 seconds; handles well and looks so much better than the Z3 did.