Brits take the world steam land speed record – twice +video

The British Steam Car Challenge team has set a new land speed record for a steam car at 148.308mph All of which tends to suggest – admirable though the achievement is – that steam technology has not moved on much in 100 years. An improvement of around 1mph a decade. Still, a challenge is a challenge, and the team on the British Steam Car Challenge rose to the occasion.

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.

General Motors EN-V to be branded Chevrolet

Chevrolet was gifted a centennial birthday present today, with parent company GM announcing that its 2030 Vision concept would carry the bow-tie badge. The youthful orientation and entry level positioning of Chevrolet within the GM portfolio subtly earmarks the intended audience for the EN-V, with the device being billed as an inexpensive and attainable urban mobility vehicle. "The EN-V has the potential to reinvent transportation in key markets by creating a new vehicle DNA through the convergence of electrification and connectivity," said Chris Borroni-Bird, GM's director of Advanced Technology Vehicle Concepts.