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News watch May 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 1 June 2012• Peugeot-Citoren has been hit hardest by a 17% drop in overall domestic sales during May. PSA saw a 28% fall in sales, with Renault suffering a 14% decline, and Fiat 21%.

Aston Martin Lagonda Concept unveiled at Geneva motor show 2009

By Ben Pulman First Official Pictures 04 March 2009 06:57 Aston Martin shocked the Geneva motor show today when it unveiled the Lagonda Concept, a V12-engined SUV that’s designed to spearhead the expansion of the company into over 100 countries. And it's the first fruits of a new collaboration between Aston and Mercedes-Benz, which will provide the 4x4 hardware and engine tech - from the Merc GL SUV. Yes, or if you believe Aston Martin boss Dr Ulrich Bez, ‘the avantgarde luxury car of the future.’ The Lagonda Concept is based on the four-wheel drive chassis of the Mercedes GL (a fruition of the Aston Martin-Mercedes tie up first revealed by our very own Georg Kacher), so it’s four-wheel drive, but unlike like its donor car, the Lagonda version seats just four and features a V12 engine up front.

Chevrolet to market diesel-powered Cruze in U.S., report says

General Motors has decided to sell a diesel version of the Chevrolet Cruze compact in the United States, the Associated Press reported today, citing two people familiar with the plans. Sources told the AP the car would get about 50 miles per gallon on the highway and help GM address stricter government fuel economy standards. The diesel-powered Cruze is at least two years from U.S.