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Sebastian Loeb smashes Pikes Peak record in Peugeot 208 T16 (video)

Sebastian Loeb smashes Pikes Peak record in Peugeot 208 T16 (pictured) This weekend saw the Pikes Peak hillcimb action, with powerful cars tackling the more than 12 mile course, with all its twists and turns, in a thrilling spectacle. But no spectacle was more thrilling that the run by Sebastian Loeb in the Peugeot 208 T16. The Peugeot 208 T16 (which bears about as much resemblance to your 208 as Loeb’s driving does to your Granny’s) gets a 3.2 litre twin turbo V6 with 875bhp, enough to hit 62mph in a scant 1.8 seconds and on to 150mph.

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.

New (2014) BMW X5: Full UK price list from X5 sDrive25d to X5 xDrive50i

The new BMW X5 costs from £42,590 for the sDrive25d We had the reveal of the new BMW X5 this week (which is either a new X5 or a facelift for the current X5, depending on how you look at it, and also the 2013 or 2014 X5) and now we have full UK prices for the new range. The starting point will be the X5 sDrive25d – BMW’s first rear wheel drive X5 and the first with a 4-cylinder engine – which will cost from £42,590 and comes with BMW’s 2.0 litre diesel which will give economy of 50.4mpg and emissions of 155g/km. BMW expect the same figures to apply to the next up the range – the X5 xDrive25d – which gets the same four-pot diesel as the sDrive version but has 4WD.