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News watch December 2012: today's auto industry news
Mon, 31 Dec 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 Monday 31 December 2012• Despite reports earlier this month that shareholders valued Mercedes-Benz at half that of its luxury rival BMW, Mercedes CEO Dieter Zetsche has remained bullish about his ambitious targets for the carmaker's growth. 'I am confident that we will be ahead of our rivals by 2020 at the latest,' he told German newspaper Boersen-Zeitung in an interview.
Mercedes-Benz Bionic car at MoMA
Thu, 28 Feb 2008Unveiled in June 2005, the Bionic car was developed by designers, engineers and biologists working hand in hand. Its template was a sea dweller from tropical latitudes: Ostracion Cubicus - more commonly known as the boxfish. Despite its unusual-looking shape, the fish is extremely aerodynamic and can therefore move using a minimal amount of energy.
SAIC Roewe
Mon, 16 Oct 2006By Ben Whitworth Motor Industry 16 October 2006 09:40 Rover lives on! This is Shanghai Automotive Industry Corporation’s Roewe 750E - the Rover 75-based saloon - caught here undisguised weeks ahead of its official unveiling at next month’s Beijing motor show. Under a shroud of secrecy the Roewe underwent an official naming ceremony last Friday in Shanghai.