Santa Monica, CA -- Just added late last week to Gooding & Company’s Aug. 3-7 Geared Online auction is a factory-prepared Porsche 911 ST built for the 1971 East African Safari Rally. Of the five made, this is one of the two original practice cars used for testing by the...

Ferdinand Piech has resigned as chairman of Volkswagen, the company announced.In a statement, VW said the 78-year-old Piech had resigned due to a "lack of mutual trust" among VW's six-member steering committee."The members of the steering committee came to a consensus that, in the light of the past weeks, the...