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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.

BMW 4 Series Gran Coupe (2014) full details, price and pics

Already confused about the new BMW 3 Series and 4 Series range structure? Prepare to become even more boggled, as BMW has now officially revealed the new 4 Series Gran Coupe. Which is a five-door version of the two-door 4 Series Coupe that shares underpinnings with the four-door 3 Series Saloon, and looks from some angles like the slimmer, fitter brother of the five-door 3 Series GT.

General Motors design landmark gets second life--as a school

"The profession was invented in this room,” says Richard Rogers, president of the College for Creative Studies (CCS), as he stands in the dusty construction site that used to be the General Motors Argonaut Building. “And this is where Harley Earl's office was.” Looking across the top floor of the building, it is easy to see a circle of concrete like the landing mark of a flying saucer. The circle is the remnant of an early platform for clay models, developed here for the first time as design tools for mass-production autos.