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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.

Volvo XC60 (2008): first official pictures

By Tim Pollard First Official Pictures 19 February 2008 12:10 Volvo has finally sanctioned official shots of the XC60 – a junior version of the XC90 SUV that has helped turn around the fortunes of the Swedish company. Yes, it’s another crossover entering an increasingly congested marketplace, but Volvo hopes this one will appeal to buyers wanting the versatility of a 4x4 without the heft. Key points worth noticing are the Swedes’ gently evolving design – this is the first model developed under Steve Mattin’s watch as design director.

Bentley planning big model expansion

It looks like the last Bentley Brooklands (pictured) will not be the last after all We already know that the Bentley SUV is on the way shortly to take on the might of the new Range Rover, and it seems certain there’s about to be Bentley Mulsanne Speed as Bentley rolls out its ‘Speed’ moniker to its most prestigious car. But there’s more to come. When we reported the Mulsanne Speed was on its way last week, we noted that if Bentley were adding a Speed version of the Mulsanne to their range to expand it then it surely made sense to launch a Mulsanne Coupe and Convertible too.