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New Mercedes CLA helps Daimler to 16% profit jump

The new Mercedes CLA (pictured) help Mercedes to a 16% profit jump. There’s an argument that the move in to more compact car sales by premium car makers will see their turnover rise and their profits fall as more compact cars tend to work on smaller margins than high-end luxury cars. But Mercedes has defied that logic by posting a 16 per cent increase in profits for the third quarter of 2013, boosted by sales of the new compact coupé – the Mercedes CLA.

'Pressure growing' on UK's roads

PRESSURE is growing on England's major road network in "this very cramped and busy island", the Highways Agency boss has told MPs. The network has not changed much in the last 20 years, the agency's chief executive Graham Dalton told the House of Commons Transport Committee. The strategic road network - motorways and major A roads - is vital for everyday business, he said.

Are BMW & Hyundai planning joint engine development?

Are BMW & Hyundai talking engines? Reports are rife that BMW and Hyundai are in talks about co-operation on development of a new range of engines. The German press kicked it off yesterday and now Reuters have got in on the act with their own sources apparently confirming talks between BMW and Hyundai over the joint development of a new range of engines.