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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.
Hamilton tops the time sheets as F1 season kicks off
Fri, 14 Mar 2014LEWIS HAMILTON recovered from the misery of completing just half a lap on his opening run to move to the top of the timesheets on the first official day of the new Formula One season. Less than five minutes into the year's first practice session at Melbourne's Albert Park, and on his maiden installation lap, Hamilton's Mercedes ground to a halt due to a sensor calibration problem that cut out the power unit. That was it for Hamilton until the start of second free practice, when he more than made up for lost time and underlined his status as championship favourite in the wake of Mercedes' impressive form in pre-season testing.
Mitsubishi to make Outlander Sport at Illinois plant
Fri, 04 Feb 2011Mitsubishi Motors Corp. said Friday it will invest $100 million to build the Outlander Sport crossover at its Normal, Ill., plant starting in summer 2012. Mitsubishi expects annual output of 50,000 units, with half dedicated to North America and the rest for export to Russia, Latin America and the Middle East.