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Interior Motives China Conference 2014 – Day 1

The seventh edition of the Interior Motive's China Conference has just taken place in Beijing, ahead of the world's most important motor show and in the world's largest car market. The theme of this year's event, ‘Mobilising the new urban landscape' is extremely pertinent to anyone who has experienced the city's congestion and its air quality. During the event's two days, the presenters explored our future relationship with the automobile, from increasing levels of autonomous drive in our cars, to the varied definitions of the word luxury, and how that impacts on customer expectations right across the globe.

Hyundai offers gas incentive plan

Last summer, when gas prices were pushing above $4 a gallon, Chrysler tried to cash in and move some metal by offering a guaranteed gas price of $2.99 for three years. But that plan crashed when the price of gas plummeted. Now, Hyundai is ready to give that marketing spiff another spin.

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.