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News watch July 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 Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.

Maserati Levante SUV won't be imported from Detroit after all

For years, we've been hearing that the upcoming Maserati Levante SUV -- which debuted as the Maserati Kubang -- would be built at Chrysler's Jefferson North Assembly Plant in Detroit. The prospect of a high-dollar luxury crossover coming out of the gritty Motor City was intriguing, but the scheme made a certain sense -- the Levante is built on the same platform as the Jeep Grand Cherokee. Unfortunately, it's not gonna happen.

Consumer Reports' Luddites strike again

I am a technological wizard. At least that's the conclusion to which I've come after reading the January issue of Consumer Reports, which calls Cadillac CUE, the automaker's new infotainment system, “maddening.” After all, I had figured out CUE in a matter of minutes while acclimating myself to our Best of the Best ATS sedan last month. CUE, short for Cadillac User Experience, uses a touch-sensitive screen, capacitive switches and tactile, vibrating feedback to help drivers perform various functions.