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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.

EU new car CO2 targets pushed back

The European Union’s plans to cap new cars to 95g/km CO2 by 2020 has been delayed, after months of lobbying led by Germany. Instead, the 95g/km target will be introduced a year later in 2021, but with an additional amount of flexibility intended to make the transition easier – especially for luxury carmakers such as BMW and Mercedes-Benz, which generally build bigger, heavier vehicles. Stricter CO2 rules will save drivers cash Top 10 most economical cars The new compromise, agreed on Tuesday (26 November 2013) and set to be presented to EU diplomats on Friday (29 November 2013), changes the rules on ‘supercredits’ – which allow manufacturers claim extra credit for especially low emissions cars, such as all-electric and plug-in hybrid vehicles.

1970s supercars

By Tim Pollard and Ben Oliver 10 July 2008 16:02 Supercars in the Seventies Lamborghini continued to define the supercar in the ’70s, building on the success of the dramatic Miura with the brutal and startling silhouette of the Countach. But Lambo’s nemesis Ferrari was never far behind, and the two Italian thoroughbreds dominated the market, with a succession of beautiful supercars throughout the decade. Despite the threat of the global oil crisis, the Germans started to muscle in on supercar territory with the rare BMW M1 and Porsche's upstart sports car, the 911 Turbo.Browse our GBU-style pick of the decade's landmarks below – and vote for your favourite supercar decade in our poll Make and model Year Price Engine 0-60mph Top speed 1973  £14,610   4390cc flat 12, 360bhp, 311lb ft   5.4sec  175mph For   Pininfarina's styling set the look for Ferraris until well  into the 1980s   Against   Ferrari's answer to the Miura arrived seven years late Verdict   A seminal Ferrari for styling and engineering, too often overlooked   Ferrari's first mid-engined V12 was good enough to stay in production for nine years, bridging the huge gap between the Sixties Daytona and the Testarossa of the Eighties Related Articles:    Other Ferrari stories    Make and model Year Price Engine 0-60mph Top speed Porsche 911 Turbo  1974 £14,749 2994cc flat six, 260bhp, 253lb ft 6.0sec 155mph For   The car that took the 911 into supercar territory; a legend was born Against   Everything you've heard about the handling of early cars is an  understatement.