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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.

Consumer Electronics Show: News and Notes

Here are some more things we saw at the Consumer Electronics Show in Las Vegas. -- While it came onto the market at the top end, HD Radio is now trickling down to even entry-level cars. To emphasize that, parked in the HD Radio booth at CES was a Jetta, a 2012 Focus and a Forester, all relatively affordable rides that can come with the improved radio reception of HD.

La Dolce Vita won't return to Monterey in 2010

La Dolce Vita, the second big Italian-car event of the Big Monterey Weekend, will not return for 2010. First, some background: La Dolce Vita came about when Concorso Italiano, the longtime favorite of Italian-car lovers at Monterey, moved from the Black Horse Golf Club to an airport north of Monterey two years ago. The airport location was panned by attendees for its cold, windswept concrete and general lack of character.