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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.

Alfa Romeo 4C convertible likely for 2015

Conventional wisdom holds that if you want to take on Porsche's 911, you need a convertible variant. And although Alfa Romeo's often marched to the beat of a wonderfully idiosyncratic drummer, it sounds as if it's hewing to general sporting-car rules of thumb with the 4C. According to a report in Britain's Autocar, sources have confirmed that a 4C convertible will follow the launch of the coupe by about a year.

Driver spends £3,400 on failing theory test 110 times

A WOMAN from London has failed the driving theory test 110 times, it has been discovered. At £31 per attempt, she has therefore spent £3,410 on failing the first half of the driving exam - and cannot sit the practical element until she passes. The woman, who was not named but is from the south east of the capital, is followed by many more hapless learners including a 30-year-old man from Peterborough who has had 86 unsuccessful attempts at the theory test.