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News watch March 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 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.

Limited-production Audi A1 quattro has monster power to all four wheels

Audi is poised to take the supercompact class by storm with a wild 252-hp, all-wheel-drive version of the A1. To be produced in a limited run of just 333 cars, the A1 quattro harks back to Audi's rallying heyday of the 1980s. It has aggressive, competition-based styling, a turbocharged engine and the latest in all-wheel-drive technology, together with a heavily reworked interior boasting all of the sporting accoutrements to back up its impressive mechanical specification.

Renault DeZir concept (w/ Gallery)

The Renault DeZir concept is the first Renault Design project led by Laurens van den Acker. When it's officially unveiled at the Paris Motor Show in October it will lay a marker down for the brand's future design direction. The 4225mm long two-seat sports coupe embodies Renault's new vision of 'simple', 'sensuous' and 'warm' designs.