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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.
Mercedes-Benz A-Class concept
Wed, 13 Apr 2011The A-Class concept from Mercedes-Benz is set to make its debut at both the Shanghai and New York auto shows later this month. A distinctively aggressive development over the outgoing model, the A-Class concept is said to draw on the 'defined edges and free interplay of surfaces' first demonstrated with the F800 Style. The taught muscularity of other Mercedes models is also translated onto the show car.
Toyota to get BMW Diesel Engines, BMW to get Toyota Hybrid Technology
Mon, 28 Nov 2011BMW & Toyota in talks to share technology Toyota and BMW are reportedly in talks to share technology, with BMW getting access to Toyota’s hybrid expertise, and Toyota getting BMW diesel engines. A profitable future for car makers relies to a great extent on yielding the best return they can from their own products, and using the products of other car makers to augment their own range at sensible money. That imperative explains the report today that BMW and Toyota are in talks to exchange technology at which they excel; Toyota with hybrid technology and BMW with diesel engines.