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Maybach is dead - Zetsche closes Merc's upmarket wing

Daimler is to announce the closure of Maybach, marking the failure of its upmarket division resurrected to battle BMW's Rolls-Royce and VW's Bentley subsidiaries. Chief exec Dieter Zetsche will tomorrow (Saturday 26 November) announce he's lost patience with Maybach in an interview with a weekend newspaper in Germany. No more Maybachs will be developed and stocks will deplete by later in 2012.

Hyundai future products: New entries seek upscale niches

Hyundai will continue to enter new product segments, including upscale niches, while keeping lower-priced models fresh over the next three years. The Veloster sporty coupe will join the lineup this fall, and a turbocharged version comes next summer. A redesigned Azera sedan debuts in the final weeks of this year, and a two-door Elantra will go on sale next spring.

Canada urged to adopt European car safety standards

CANADA has been urged to adopt European standards for new vehicle safety by the president of Mercedes-Benz Canada. Tim Reuss told reporters that if EU rules, which apply to all cars built by European industrial powerhouses like Mercedes and the Volkswagen Group, were in place Canada would already have new, more efficient, safer cars. At present Mercedes cannot import the A-Class because of the expense associated with modifying it to conform to Canadian safety requirements, and Mr Reuss argues that the current approach lacks common sense.