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Jaguar Heritage Museum to close.

Jaguar Heritage Museum to close Jaguar has decided to close the Jaguar Heritage Museum at Browns Lane as they wind down operations at the historic site. It’s less than three years since the Jaguar Heritage Museum was relaunched as a show case for the history of Jaguar cars. With 150 cars in its collection – from the first Jaguar badged car, the 1937 SS, to C-Type, D-Type and the last convertible V12 E-Type – the Jaguar Heritage Museum is a magnet for Jaguar nuts from around the world.

Ford to make three-cylinder EcoBoost engine, eight-speed transmission

UPDATED: Ford is taking a look at the powertrain of its future, and in a nutshell, it's going to be small--at least under the hood. That's because the Blue Oval is preparing a 1.0-liter, three-cylinder EcoBoost engine, claimed to be the smallest engine the company has ever built. Ford says this baby EcoBoost will offer output comparable to a normally aspirated 1.6-liter, four-cylinder powerplant.

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.