Mercedes Benz 260e Oe Emblem Ornament " 260e " on 2040-parts.com

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.

2011 Saturn Vue: GM confirms plug-in crossover is on track

A plug-in electric powertrain once destined for a Saturn crossover will live on at General Motors and will arrive in 2011 in another vehicle. GM vice chairman and product chief Tom Stephens confirmed to wire service Reuters that the project remains on track. The automaker was scheduled to bring a plug-in version of the Saturn Vue to market in 2011.

Suzuki Jimny SZ4 released

Suzuki has launched a new higher-spec Jimny - The Suzuki Jimny SZ4 The Jimny is pretty much in a league of its own, but that’s probably because no one else wants to play, rather than the Jimny being exceptional in any way. It’s not exactly a comfortable car, although it seems to cope with big bumps reasonably well, it’s just everything else it has trouble with. But we can’t argue that it’s not well put together, because it is.