Edge Products 28501 Basic Interior Dash Pod on 2040-parts.com

McLaren MP4-12C gets the axe

Production of the McLaren 12C is dead. That's according to a letter sent by CEO Mike Flewitt to owners that read in part, “The final piece of news I wanted to share with you is regarding 12C production, which we have decided to cease in light of the success of 650S. The new car has been so well received since its unveiling at the Geneva motor show (we already have a six-month order bank), we will focus all our capacity at the McLaren Production Centre on 650S.” This represents a turnaround for the company that just a few days ago said the 650S would slot between the 12C and P1 in the lineup, and that both would continue.

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.

On display at the Petersen museum, the best of the worst!

They're so bad they're good, these cars, good enough to warrant a museum exhibit. Starting Feb. 28 and running through the end of September, the Petersen Automotive Museum in Los Angeles celebrates all that is good about bad car ideas in an exhibit titled "What Were They Thinking?" Sure, there are Edsels and Amphicars.