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Porsche chief Wendelin Wiedeking resigns
Thu, 23 Jul 2009Porsche 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 previews new M4
Fri, 19 Jul 2013BMW has revealed several retro-fit enhancements for the new 4-series coupe, part of its M-Performance line of options. In the process the company has provided the first clues to its upcoming M4's appearance; the M4 will replace the just-discontinued BMW M3, and sources tell Autoweek the new performance coupe will make its world debut at the Detroit auto show next January. The performance package consists of an aggressive aero kit, various interior trim upgrades and suspension modifications.
More powerful Audi TT RS and new Audi RS4 Avant at Geneva
Tue, 31 Jan 2012Audi TT RS to get more power Audi will debut a more powerful TT RS and a new Audi RS4 with 444bhp at the Geneva Motor Show in March. There’s been talk for some time that there will be an Audi TT RS Plus arriving sometime soon with extra horses, no back seats and a raft of weight saving measures – the Audi TT RS Plus. But we have our doubts.