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News watch April 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-hourMonday 30 April 2012• Kia posted global first quarter 2012 profits up 26%, with sales up 12% worldwide. 635000 new Kias found homes, 79000 in Europe (up 24.6% on 2011 in a total market which contracted 7.1%), with the USA now Kia's largest market ahead of Korea.

Corvette deemed too much car for some Manchester United players

Apparently, Sir Alex Ferguson, the team's manager, believes that Chevy's most potent offering is a bit more than some of his young players will be able to handle. According to the Daily Mail, Chevrolet has offered the soccer team's top stars their pick of Chevrolet models, but the infamously strict Ferguson has issued an edict that no player under age 23 will be allowed to order a Corvette. Reports that effected players reacted to the news by flopping to the ground and tearfully writhing around could not be confirmed as of this writing.

Maserati and Poltrona Frau showcasing continuing collaboration

Maserati and Poltrona Frau are showcasing their continuing collaboration in automotive design in a weeklong exhibition at Design Centre at Chelsea Harbor, London. From 18 until 22 June the glass domes of Design Centre will play host to a Maserati GranCabrio Sport as well as one of Poltrona Frau's skilled artisan upholsterers working on a chair throughout the week in a demonstration of traditional Italian craftsmanship. Poltrona Frau, the international high-end furniture company, has realized the interiors of the entire Maserati range – including the Quattroporte saloon, GranTurismo coupe and GranCabrio convertible – through its 100-year history of leather working and handcraftsmanship.