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News watch December 2012: today's auto industry news
Mon, 31 Dec 2012Welcome 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.
AUTO SALES: GM, Ford, Honda, Toyota drag industry to 36% decline
Tue, 06 Jan 2009General Motors, Ford Motor Co., American Honda and Toyota Motor Sales U.S.A. all reported sales declines of more than 31 percent in December as the U.S. auto industry capped its worst year since 1992.
New Toyota Supra Concept first look – heading for Detroit 2014
Fri, 13 Dec 2013New Toyota Supra Concept first look – heading for Detroit 2014 A new Toyota Supra is something Toyota were planning before the world’s economy jumped off a cliff in 2008, but with the world running out of money – and fripperies like sports cars low on the priority list – Toyota swerved away from its plans to launch a new Supra. But the world has moved on since 2008, and Toyota have got increasingly bullish about performance cars in the last year or two. So now it looks like a new Toyota Supra Concept is heading for next month’s Detroit Auto Show.