Porsche chief quits, to get 50 mn euros

German auto maker Porsche on Thursday said its chief executive officer Wendelin Wiedeking will step down with immediate effect after being at the helm for more than 16 years. The latest development......

Volkswagen ex-CEO Winterkorn to quit remaining posts

Martin Winterkorn, the former boss of Volkswagen  who quit last month, will step down from his remaining posts related to the company, the Sueddeutsche Zeitung newspaper and TV stations NDR......

Gulf region to buy record number of luxury cars

The Gulf region has become a leading market for luxury cars and wealthy individuals are set to buy a record number of vehicles from the likes of BMW's Rolls-Royce, Fiat's Maserati and Porsche SE......

Remembering the Beetles

It was in the 1960s that the Beetle attained its cult status, when it became almost synonymous with the hippie movement -- and succeeded in shaking off the grim history of its origins. As......