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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.

Nissan Pivo 3 concept car (2011) first pictures

Nissan – the pioneer of the modern electric car age – is to show a third iteration of its radical Pivo concept car at the 2011 Tokyo motor show. Dubbed Pivo 3 (funnily enough), the new concept is the brand's eighth EV concept car. Nissan Pivo 3: all pie in the sky?

Rear-drive revelers: Spring Fest draws LX devotees to California love-in

Long before Eminem boosted the image of Detroit and the Chrysler 200, Fatchance was getting the West Coast party started for Chrysler's rear-drive LX cars. Fatchance is the Internet handle of John Fortuno, a man who--like many others we met at the Sixth Annual Spring Fest for LX owners--claims his car, a 2005 Chrysler 300C, changed his life. It introduced him to www.LXforums.com, a worldwide virtual car club that has more than 38,000 members dedicated to the Chrysler LX rear-drive platform used by the Chrysler 300 and the Dodge Charger, Challenger and Magnum.