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News watch December 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 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.

Chrysler cuts Viper output amid slow sales, growing inventory

Chrysler Group has cut output of the SRT Viper by a third and will reassign scores of workers to other plants because of slow sales, growing inventories, and the onset of colder weather. Workers at Chrysler's Conner Avenue Assembly plant in Detroit, where the car is assembled, were told of the production moves today. None will be laid off; instead they will be reassigned to other Chrysler plants in the Detroit area, a Chrysler spokeswoman said.

2013 Suzuki Jimny facelift from £11,995

Suzuki has given their evergreen pocket SUV – the Suzuki Jimny – a facelift for 2013, but prices still start at £11,995. Suzuki has been building the little Jimny SUV – in one form or another – since 1970, and the current Jimny has been with us since 1998. But despite the Jimny being from another age, Suzuki aren’t giving up on it yet and have managed to churn out a facelift for 2013.