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News watch July 2012: 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 Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.

New Mercedes C-Class Estate revealed – arrives in the UK September 2014

The new Mercedes C-Class Estate (pictured) revealed The new Mercedes C-Class arrived at the Detroit Auto SHow in January and looks to be properly appealing – a mini S-Class and strong competition for the BMW 3-Series. Now we get the 2015 Mercedes C-Class Estate, which takes the new C-Class in to the load-lugging sector with a capacious take on the fine attributes of the C-Class saloon. A C-Class saloon from the B-pillars forward, the new C-Class Estate grows to 4702mm and gets a 2840mm wheelbase, enough for an extra 45mm of legroom in the back and with 490 litre of room for stuff in the boot with the seats up and 1510 litres with them folded away, and there are more options in between with new seats that split 40/20/40 and can be moved electrically.

SRT Viper logo redesigned for 2013

STR – Street and Racing Technology, Chrysler Groups' new, standalone performance brand – has unveiled the new logo for its 2013 Viper as it continues to tease the new version of its now iconic model. Designed by Chrysler designer Vince Galante, STR says that the logo, christened ‘Stryker', conveys the "sinister look and evil grin of the original, while giving it a more playful appearance." Galante also says the lines of Stryker are indicative of those that will feature on the 2013 STR Viper. Stryker will be the third design to grace the Viper series, following Sneaky Pete and Fangs and was selected from a number of suggestions at the 2010 Viper Owners Invitational.