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News watch Sept 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-hourMonday 24 September 2012• Volkswagen has dropped its appeal in the brand infrigement case against former partner Suzuki. The spat dates back to 2004, when VW contested an approval allowing Suzuki to brand a variant of its Swift supermini as 'Swift GTi'.

New bosses for Volvo and Ford of Europe

Volvo will shortly have a new boss, it was announced today. Geely Motors is buying Volvo from Ford and the two companies confirmed today what we all suspected: that Volvo CEO Stephen Odell will leave the top office in Gothenburg and head up Ford of Europe. The new chairman of Volvo is Li Shufu, Geely's top man.

Peugeot 5008 revealed

The new Peugeot 5008 MPV / People Carrier - to debut at Frankfurt Peugeot has released details of their new MPV – the Peugeout 5008 – ahead of the official unveil at the Frankfurt Motor Show in September. And yes, it does have a look of the TVG on the snout, and promises to be able to carry almost as much luggage as the nippy French train. A massive 2500 litres of space with all the back seats down, and a still capacious 823 litres in 5 seat mode.