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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.
2014 Porsche Panamera gets new hybrid
Wed, 03 Apr 2013The Porsche Panamera has been restyled and the lineup gains a plug-in hybrid model, along with a new twin-turbo V6 for the Panamera S and 4S models that is more powerful than the former base V8. Also, Porsche is adding a stretched version of the Panamera with 5.9 inches added to the wheelbase for additional rear-seat legroom. The restyled Panamera goes on sale in the United States late this year as a 2014 model.
Duo of Chevrolet NAPCO 4x4 trucks to cross the block
Thu, 10 Apr 2014Interest in classic pickup trucks has been surging in the past few years, introducing car collectors to a whole new world of desirable vehicles. And while the "rules" are still being written when it comes to what's acceptable in a restoration, there are clear favorites, with austerity and originality typically valued over luxury. As nostalgia for the trucks of the 1950s increases, so do the amounts collectors are willing to pay for the workhorses of yesteryear.