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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.

Who's Where: Peter Jones appointed Lincoln Interior Design Manager

Lincoln has appointed Peter Jones as the luxury brand's new interior design manager, a role he will take up within the next few weeks. Jones, who has worked at Ford Australia's design studio for seven years, will report directly to Max Wolff, a former colleague who moved in January 2011 to become Lincoln's Design Director. The Australian designer was interior design manager for the new Ranger and also worked as lead exterior designer on the FG Falcon Ute.

Lamborghini Huracan: first pictures revealed

There’s no disguising it. Lamborghini’s all-new Huracan is a very angry car. It looks angry, its stance is angry, every line is like a slash from Surgeons Gone Wild and it’s even named after a bull so angry that it couldn’t be killed.