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Porsche CEO likely to bow to pressure to leave, report says

Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.

Ferrari California T debuts at Geneva motor show

Ferrari is officially back in the turbocharging business, and the first turbo model on offer will be the California T, which the Maranello-based company brought to the Geneva Motor Show this week. A turbo under the hood isn't the only new thing the California T will offer -- the 3.9-liter V8 engine is all new and the car itself has been thoroughly redesigned inside and out. Let's take a closer look at what this new California retractable hard top will feature.

Ettore Bugatti’s own Type 57C up for auction

Ettore Bugatti's personal Type 57C Coupe is up for auction at Pebble Beach in August Not only are Classic Cars a decent long-term investment they do also offer the pleasure of playing with them – something no other work of art can manage. And with the rising wealth in emerging economies, something with as finite a supply as Classic Cars can hardly fail to appreciate in the long term. Which explains why real classics are still fetching record prices.