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Peugeot and Philippe Starck design bicycle for Bordeaux scheme

Peugeot and accomplished designer Philippe Starck, have developed a unique bike for the city of Bordeaux as part of their continuous promotion of cycling in the city. The new concept of bike-scooter, proposed by Starck and adapted for production by Peugeot, will help in the city's ongoing efforts to improve mobility within Bordeaux. In 15 years the number of cyclists has tripled after a number of initiatives came into effect, two examples being limiting traffic and developing the tramway within the city.

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.

Volkswagen reveals e-Golf and e-Up! before Frankfurt motor show debut

Volkswagen has just released details on the e-Golf and e-Up! before their 2013 Frankfurt motor show debuts. The two cars are essentially pre-production examples of pure-electric vehicles that VW will start building just a short time from now.