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News watch March 2012: today's auto industry news
Fri, 30 Mar 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 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.
2013 Maserati Quattroporte revealed
Tue, 06 Nov 2012Maserati has revealed the new flagship Quattroporte saloon ahead of a debut at the 2013 Detroit Motor Show. The new Quattroporte – revealed this morning ahead of a public debut at the 2013 Detroit Auto Show – is a bigger, lighter and slicker version of the current car, designed to give Maserati a car that competes on more even terms in the luxury car market. Maserati are being very stingy with detail on the new Quattroporte, so we’re going to have to make some educated guesses.
Audi set to buy Ducati for $1.1 billion
Tue, 17 Apr 2012News wire reports in Europe on Tuesday said Audi is poised to buy Ialian motorcycle maker Ducati from owner Investindustrial for about $1.1 billion (860 million euros). Audi has reached an agreement with Investindustrial to buy the maker of luxury motorbikes, with VW's supervisory board set to approve the deal on Wednesday, said a person familiar with the details, who declined to be identified discussing the private negotiations. Audi and Investindustrial declined to comment.