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Mercedes-Benz adds equipment, holds prices on the 2012 M-class

Mercedes-Benz USA is holding prices steady on the first two models of the new generation M-class crossover. The 2012 ML350 4Matic starts at $49,865, unchanged from the 2011 model. The ML350 BlueTec 4Matic diesel starts at $51,365, also unchanged.

Peugeot SxC concept

Peugeot have revealed pictures of its latest concept ahead of its Shanghai launch. Dubbed the SxC, the show car has been designed solely at the Peugeot Style Studios in China. Sitting atop 22inch wheels and weighing in larger in every dimension than a Range Rover, the Peugeot SxC is an 'impressive size' according to Peugeot, but also harks back to design elements of previous concepts such as the BB1, EX1 and SR1.

Crunch watch July 09: the auto industry in crisis

By Tim Pollard, Ben Pulman, Ben Whitworth and Alex Michaelides Motor Industry 31 July 2009 11:23 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Friday 31 July 2009• Lamborghini today posted pre-tax profits of €5.4 million – despite a sales drop of 37% in the first six months of 2009. Sant'Agata said turnover hit €156.9m in the first half (down 43%) as it sold 825 cars globally (Lamborghini)• British motorists could have to pay £250 in tax to park at work from 2012.