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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.

One Lap of the Web: Lambrecht cars, drifting red Italian cars, and lost east German cars

-- The Lambrecht Chevrolet sale is this weekend, and VanDerBrink auction house has posted some more walkaround videos of the lots. Check out this video which highlights some of the trucks and sedans, most of them with delivery mileage. -- Here's an interesting car that sold on eBay last week and attracted quite a bit of attention on Bringatrailer.com: a 1975 Peugeot 604 that was brought into the U.S.

McLaren 12C production ends – killed off by the new 650S

The McLaren 12C bites the dusts – killed off by the new 650S When the new McLaren 650S was revealed in February, we commented that we expected the McLaren 12C to quietly disappear. And it has. To start with McLaren simply halted production of the 12C to concentrate on building the new 650S, but now they say it won’t be restarted as the McLaren range ‘evolves’.