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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.

BMW 328 Hommage (2011) revealed at Villa d'Este

This is the BMW 328 Hommage, a concept car which made its debut at the 2011 Villa d'Este Concours. The BMW 328 Hommage has been created to celebrate the 75th anniversary of BMW's 328 sports car, which was one of the featured classic cars at the Villa d'Este Concours.  BMW 328 Hommage: Where have I seen that shape before? I assume you're talking about the general shape of the car, rather than the buck-toothed rabbit look of the front-end graphic. While the BMW 328 Hommage is festooned with modern reinterpretations of such classic 328 competition car hallmarks as leather bonnet straps, bodyside recesses in lieu of doors, aero screens, and 'pepper-pot' alloy wheels, the overall shape has more in common with BMW's 2011 Geneva show car, the Vision Connected Drive.  The 328 Hommage is a far less direct descendant of the original BMW 328 than the M1 Hommage was to the original M1, or the 2006 BMW Mille Miglia Concept was to the original 328 Mille Miglia coupe.  BMW 328 Hommage: High-tech meets olde-worlde BMW is using the 328 Hommage as the latest demonstration of its research into carbonfibre construction.

Buy a hydrogen-powered car in 2015…at least in California

At the Consumers Electronics Show this week Toyota claimed that a production version of its four-door midsize FCV concept fuel cell sedan will hit showrooms some time in 2015. Toyota has been investing in fuel-cell technology for the past 20 years, and since 2002 it has been testing and developing prototypes primarily in North America. Toyota claims that it has reduced the cost of producing a fuel-cell powertrain, and has estimated a 95 percent cost reduction in the powertrain and fuel tanks for the 2015 production model versus the 2002 prototype.