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News watch December 2012: today's auto industry news
Mon, 31 Dec 2012Welcome 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 Monday 31 December 2012• Despite reports earlier this month that shareholders valued Mercedes-Benz at half that of its luxury rival BMW, Mercedes CEO Dieter Zetsche has remained bullish about his ambitious targets for the carmaker's growth. 'I am confident that we will be ahead of our rivals by 2020 at the latest,' he told German newspaper Boersen-Zeitung in an interview.
Volkswagen Golf R Cabriolet price cut – down by £5,600
Thu, 13 Jun 2013The VW Golf R Cabriolet (pictured) drops in price by £5,600 We’ve long wondered why Volkswagen hadn’t built a Golf R Cabriolet. But when they did finally bite the bullet and take the top of the Golf R for a production run, it was a bit of a let down. It was a let down because it seemed so cynical.
GM looks to drop some weight with magnesium
Wed, 24 Oct 2012Like many Americans, carmakers are on a continuing quest to lose weight. Less weight, which equals better fuel economy without a loss in performance, is a key selling point in dealerships. Weight loss is a key factor for two upcoming launches from General Motors--the redesigned full-size pickups and SUVs, and the redesigned 2014 Chevrolet Corvette.