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Wiedeking to be offered $140 million to quit Porsche, report says
Fri, 17 Jul 2009Porsche 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.
Aston Martin creates three special-edition DB9s
Wed, 22 Dec 2010Aston Martin has designed three special-edition DB9 models named Carbon Black, Quantum Silver and Morning Frost. The Carbon Black and Quantum Silver models are both sport editions with a six-speed Touchtronic II automatic transmission and a remapped sports exhaust that provides a more evocative sound, the automaker said. Both cars come equipped with 19-inch, black 10-spoke wheels, a black grille and graphite tailpipes.
BMW Gran Lusso design explained in Pininfarina video
Thu, 30 May 2013The two-door BMW Gran Lusso took center stage at the 2013 Villa d'Este Concourso d'Eleganza in Italy last weekend. The Pininfarina-designed, V12-equipped coupe could herald the return of the company's mighty 8-series Bimmers that rolled the streets in the 1990s. Pininfarina posted two videos of the BMW Gran Lusso on its YouTube channel on Wednesday.