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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.

Autoweek's Best of the Best winners announced

Today, Autoweek announced the winners of our yearly Best of the Best competition with the Porsche Boxster S and Mercedes-Benz GL taking top honors. Presenting the awards, editor Wes Raynal said, “It was a tough call to make this year with so many incredible cars and trucks that debuted. After a year of evaluating everything on the market, the Porsche Boxster S and Mercedes-Benz GL rose to the top, really earning these two awards.” For Best of the Best awards, the Autoweek editors considered publicly available, all-new or substantially new 2013 model cars and trucks.

CES: Welcome to the four-ringed, self-driving future

According to Ricky Hudi, the head of electronics development at Audi, "Ninety percent of automotive innovations today are due to electronics." He should know. He's working on that final piece of the puzzle that elevates our Traffic Assist and Lane Assist and Park Assist and Whiz-Bang Assist into a cohesive package that, yes, gives us the self-driving cars our commuters and slackers have always wanted. Audi believes that we will be saved by technology.