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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.

Redesigned 2012 Volkswagen Beetle priced from $19,765

The redesigned 2012 Volkswagen Beetle will launch with a base price of $19,765, including shipping charges, a minimal increase over the base price of the current version. The base VW Beetle, known as the 2.5L, is powered by a 2.5-liter inline five-cylinder engine rated at 170 hp. A five-speed manual transmission is standard and a six-speed automatic is an option.

Ford EcoSport Limited Edition arrives – just 120 for the UK from £16,995

Ford EcoSport Limited Edition (pictured) has been revealed The Ford EcoSport – Ford’s Fiesta based SUV/Crossover – will be arriving in Ford’s UK showrooms in 2014 and to kick things off there will be 500 EcoSport Limited Edition cars. Ford revealed the Limited Edition on their Facebook page, and just 120 of the Limited Editions are heading to the UK, and to grab a reservation for one you’ll need to head over to Ford’s EcoSport page to get a reservation before completing the deal at one of Ford’s dealers. The Limited Edition will come with Ford SYNC Applink system – which lets you control Apps with voice – leather trim, a set of 17″ alloys and, as Ford say, “Ann array of advanced technologies”.