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News watch December 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 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.

Coming soon: A bigger, better autoweek.com

First, we want to thank all the readers who have helped make autoweek.com what it is today -- we've worked hard to ensure no nugget of cool car news falls through the cracks, and we've been rewarded by a 100 percent increase in visitors over the past two years. That said, we also know there's a lot about our site design that can be improved. Articles don't "pop" the way they should, the home page is far too busy, and our commenting system is…well, let's just say that anything relying on Facebook deserves a healthy dose of skepticism.

New Ford Fiesta ECOnetic starts production

New Ford Fiesta ECOnetic The latest versions of the Ford Fiesta ECOnetic have gone in to production, offering 86mpg and 87g/km CO2. When we reviewed Ford’s first Fiesta ECOnetic we were impressed that, at least if you were prepared to drive wi8th a very light foot, you could get 70mpg out of a comfortable and fun Fiesta. But we did say that ECOnetic should be an engine choice and not a model choice.