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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.

Race2Recovery starts new Dakar challenge

A TEAM of disabled ex-soldiers has arrived in South America to take on this year’s Dakar rally, known as the toughest motoring challenge on the planet. Race2Recovery, the team of severely injured servicemen and civilian volunteers, is taking a second shot at the Dakar after last year becoming the first all-disabled team in history to complete it. This year the 5,600-mile course travels through Argentina and Chile, crossing the Andes mountain range and the Atacama Desert, where temperatures are expected to top 40 degrees Celsius.

Connecticut garage fire destroys Volt and homemade EV

News reports say two plug-in electric cars--a 2011 Chevrolet Volt and a home-converted Suzuki Samurai--were destroyed in a garage fire in Barkhamsted, Conn., on April 14. The destroyed Volt had just 2,000 miles on the odometer. The owner said he converted the Samurai to electric power a few years ago.