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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.
Toyota's quake-hit Yaris plant offline for at least another month
Wed, 30 Mar 2011Toyota's quake-hammered Miyagi assembly plant, which makes the Yaris small car for export to the United States, is expected to be offline for at least another month. Workers have completed repairs at the factory and restored electricity, but the facility cannot get supplies of natural gas, a person familiar with the situation said. The assessment underscores the long road facing Toyota and other Japanese automakers in bringing plants back into full operation following the deadly quake, which killed more than 11,000 people, ruptured gas lines, shutdown electric grids and snarled logistics across half the country.
Kia Soul: more details and photos
Tue, 02 Sep 2008By Tim Pollard First Official Pictures 02 September 2008 09:37 Kia has issued some more details and photographs of its new tallboy supermini alternative, the Soul. Kia calls the Soul 'a segment-busting urban crossover' model, but we'd pigeonhole it as an intriguing new rival to the likes of the Honda Jazz and Vauxhall Meriva, with a small dose of Mini charm thrown in for good measure. So what exactly is segment-busting about the Kia Soul?Is Kia right to label the Soul its value answer to the Mini?