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News watch Sept 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Wednesday 29 September 2010• Porsche today posted record turnover, off the back of rising sales. It announced an 18% leap in annual turnover to €7.8 billion while sales rose 9% to 81,500 vehicles, up from 75,238 the previous year.

Rowan Atkinson’s McLaren F1 cost nearly £1 million to fix

Rowan Atkinson pranged his McLaren F1 in 2011 in Cambridgeshire and now, after a repair bill of £910,00, it’s back. We all know what a petrolhead Black Adder and Mr Bean actor Rowan Atkinson is, and most of the car world knows he owns a McLaren F1, and that he had a nasty accident in it in 2011. Rowan lost control of his F1 in damp and unpleasant conditions on the A605 near Peterborough and ended up going backwards in to a tree.

Mercedes S Class production cut as sales fall

Mercedes is cutting production of the range topping S Class to a one shift operation as sales fall ahead of the new 2013 S Class. But there are now plenty of signs that even premium car makers are not immune from the economic climate – particularly in Europe – as sales start to slide. We recently commented that Jaguar sales are not as strong as they were and now it seems Mercedes is starting to feel the punch as sales of the range-topping S Class falter.