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News watch August 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 Friday 31 August 2012•European car sales continue to struggle, down 8.2% in July. Spain, europe's biggest market, saw sales frop the most, by a massive 26%.

Third of motorists admit to driving with no MOT

A third of motorists have driven a car knowing the MOT had expired, risking fines of up to £1,000 and invalidating their insurance in the process. That’s according to a survey conducted by the Society of Motor Manufacturers and Traders (SMMT), which found that of 1,000 UK motorists, 67% had driven without an MOT for up to a week, 24% for a month, 7% for six months and – shockingly – 2% for more than six months. Now we’d give the 67% who admitted driving without an MOT for a week the benefit of the doubt – it’s easy to forget the test is due.

New fuel-economy labels will baffle buyers, survey says

A survey released this week suggests that revised fuel economy labels proposed by federal regulators will confuse many likely car buyers -- and will emphasize the wrong information. The branding strategy firm Siegel+Gale performed an independent online survey of 456 people over the age of 18 who intended to buy a car in the next three years. Founder Alan Siegel told Automotive News that the survey was not directly requested but has been sent to the EPA and National Highway Traffic Safety Administration during the ongoing public comment period.