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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.

Porsche 928 to be reborn as Porsche Panamera Coupe

Porsche boss Matthias Mueller has revealed plans for new variants on the Porsche Panamera – including a Panamera Coupe – and more new models. Porsche boss, Matthias Mueller, has confirmed that Porsche are planning to extend the Panamera offerings with a coupe and probably a production version of the very convincing  Panamera Sport Turismo Concept we saw at Geneva in the spring, although nothing has been signed off yet. The most likely time for the Panamera Coupe and Shooting Brake to arrive is after Porsche refresh the Panamera next year, so we should expect a ‘new 928′ to arrive some time in 2014.

BMW advert ‘burns’ BMW logo on to your eyelids

BMW are 'burning' their logo on cinema-goers eyelids We’ve all done it – stared at the sun, closed our eyes and still been able to see a bright light. In fact, some of us have gone a bit further. I remember competitions to see how long we could look at the sun in the Junior school playground.