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News watch August 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 31 August 2012•European car sales continue to struggle, down 8.2% in July. Spain, europe's biggest market, saw sales frop the most, by a massive 26%.

Dodge will get first Fiat-based car in late 2011

The Dodge brand will receive the first Chrysler Group product based on Fiat's Compact Wide architecture, Fiat S.p.A. and Chrysler Group CEO Sergio Marchionne said Thursday. The Fiat-based sedan will broaden Dodge's offerings in the crucial compact segment.

Buick to scrap trim levels

Buick will eliminate its “CX,” “CXL” and “CXS” trim levels in the 2012 model year, opting for a few “stair-step” packages instead, one of the brand's top marketers said today. “It isn't befitting a premium brand. No other premium brand has those designations,” said Craig Bierley, Buick-GMC director of advertising and sales promotion.