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Suzuki delays U.S. launch of the Swift

Suzuki has delayed the relaunch of its Swift small car in the United States until next year while it works on a global product strategy with Volkswagen AG and ponders the growing strength of the yen against the dollar. The rise of Japan's currency already has forced Suzuki to slash its overall U.S. marketing budget.

Mercedes S 500 Plug-In Hybrid price & specs – costs from £87,965

The Mercedes S500 Plug-in Hybrid arrives in the UK It’s more than a year since the Mercedes S500 Plug-in Hybrid was revealed, and now it’s finally going on sale in the UK and, if your pockets are deep enough, it offers a perfect ‘cake and eat it’ car. Under the skin there’s a 3.0 litre V6 biturbo delivering 329bhp and an electric motor adding a further 116bhp which together give the S500 Plug-in the ability to blat to 62mph in just 5.2 seconds but return official economy of 100.9 mpg and emissions of a measly 65g/km. That combination means that you won’t have to pay Boris to drive through London, and your BIK rate will be a very modest 5 per cent, making the S500 plug-in Hybrid a perfect choice for every board member in the country currently paying 35 per cent on their petrol S500, BMW 7 Series or Audi A8.

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.