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News watch March 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 30 March 2012• Fiat is suffering from its decision to suspend new product innovation during the recession, argues ANE. It is losing ground on account of delays to its Punto range, which won't be replaced until 2014, and the ageing Bravo, which was launched in 2007 and has no successor in sight (Automotive News Europe)• Mercedes plans to build the new four-door coupe spun off the A- and B-class architecture at its new Hungarian factory (Automotive News Europe)• Opel denies rumours it may sell the Eisenach factory in east Germany where it builds the Corsa supermini (Automotive News Europe)• Mercedes is cutting the time it takes to build a car from 43 hours in 2008 to nearer 30 hours by 2015, according to production boss Wolfgang Bernhard.

MINI Rocketman Concept debut

The MINI Rocketman Concept - and the Issigonis original Yes, we know that any motor show would be incomplete without a MINI of some description, be it a new version or just yet another ‘Limited Edition’ MINI. But this MINI Concept - the MINI Rocketman – is a different kettle of fish. The MINI Rocketman is a strong pointer to the next MINI.

The midengined Hyundai Veloster Midship has landed

It's hard not to respect the Hyundai Veloster. It's polarizing, sure, but it's different -- in an era of indistinguishable profiles and middle-of-the road styling, the radical hatch really stands out. It's fun.