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Mercedes removed Lieb over compliance issue, report says

Daimler AG dismissed Mercedes-Benz USA chief Ernst Lieb for violations of human resources and ethics policies relating to household expenses paid by the automaker, The Financial Times reported Wednesday, citing sources close to the company. Lieb was abruptly removed as head of the automaker's second-largest market on Oct. 17 after more than 30 years at Daimler.

Renault Twizy Sport F1 concept

The Renault Twizy Sport F1 concept has been unveiled at Renault's plant in Vallalodid, Spain. A collaboration between both Renault Sport F1 and Renault Sport Technologies, the concept sits on the wheels of a single-seater racecar and features a front splitter, side-pods, a rear wing and a diffuser with an F1-style rain light. When looking at the concept, which measures in at 2,600mm long, 1,490mm wide and 1,450mm high, the tires are one of the first things you see, and are the same as those fitted to the Formula Renault 2.0 single-seater.

Autoweek in review: Ferrari teases supercar, Mini flips out and the 2013 Porsche Panamera GTS

While many of us spent Monday honoring our favorite presidents (still Taft, Van Buren and R.B. Hayes), Ferrari teased us with shots of its Enzo successor and gave us some pricing details. By now you should have saved at least 20 bucks toward that $1.3 million.