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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.

Poor quality diesel blamed for winter breakdowns

Thousands of drivers are risking a winter breakdown through being sold poor quality diesel fuel, the RAC has warned. All makes and models of car are at risk, says the breakdown recovery provider, with breakdowns proving more prevalent in eastern England and Scotland, and the greatest concentration of breakdowns occurring in the North East. Winter motoring guide Winter driving tips The organisation hasn’t yet found the root cause of the problem – so it is working with fuel retailers to work out what’s causing it.

Pagani Huayra

Horatio Pagani took the opportunity of the Geneva motor show to launch the successor to the critically acclaimed Zonda hyper-car. The Huayra builds on the foundations of the Zonda, retaining a clear visual link to its predecessor. Pagani's trademark stylistic details are still present, such as the emphasis on carbon fiber and the quartet of exhausts.