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Ken Block’s Gymkhana Five: The Streets of San Francisco

Everyone’s favourite Hooner and Drifter – Ken Block – is back with Gymkhana Five, a mad blat round the streets of San Francisco. If you want a car video full of tyre smoke, drifting and downright hooning madness, Ken Block’s your man. This time, with Gymkhana 5, the good Mr Block takes his 650hp Ford Fiesta on a blat round every familiar landmark in the streets of San Francisco, and manages to do it much more impressively than Karl Malden or Michael Douglas ever did.

No Porsche plan for model priced less than Boxster

Porsche has no plans to sell a car costing less than the Boxster, according to the automaker's head of sales and marketing. "To build a Porsche for 30,000 euros [$37,800 at current exchange rates] currently doesn't fit our brand," Bernhard Maier told the Automotive News Europe Congress in Monaco on Thursday. "The extraordinary purchase experience is not for free and the entry price is currently covered with the Boxster and in the future by the Macan." He said Porsche's plan to double sales won't compromise exclusivity.

VW halts merger talk with Porsche

Volkswagen on Sunday slammed the brakes on merger talks with Porsche, just before the first meeting to discuss ways to bring all of the automakers' brands together under one entity. VW said that it made the move because it believes that Porsche doesn't have a solid plan for the merger. VW and Porsche announced the plan to hold merger talks on May 6.