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Porsche chief Wendelin Wiedeking resigns

Porsche chairman Wendelin Wiedeking has bowed to mounting pressure in announcing that he will step down immediately. The resignation came Thursday, following a surprise meeting of the company's supervisory board at its Weissach R&D headquarters outside of Stuttgart, Germany, on Wednesday night. Wiedeking's announcement comes after months of tense and public infighting following Porsche's failed attempt to wrest control of Volkswagen, which left it with $12.7 billion in debt, and slowing sales in key markets such as North America.

Autoweek America Adventure: The search begins

I sit in a darkened hotel room near the Oregon coast waters. The noise I hear sounds like a loud industrial air-conditioning unit in a marginal, national hotel chain. It could not be further from that: The constant thrum is the crashing of Pacific Ocean waves on the beach, no more than 200 yards outside the hotel room.

Aston Martin Rapide: The Movie

Aston Martin Rapide: The Movie Last February Aston Martin decamped en-masse to the Iberian Peninsula to play PR jollies with the new Aston Martin Rapide. First stop on the tour was Valencia, where the world’s media gathered at Aston Martin’s expense to eat, drink, grab a few rays and fit in a drive or three in the first Aston Martin four door in a generation. No doubt a good time was had by all, and we got a few stories out of it.