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U.S. sales rise 9 percent in July

U.S. demand for light vehicles continued to defy mostly weak economic indicators by rising 9 percent in July. Big sales gains at Japan's and Europe's top automakers--Toyota, Honda, Nissan and Volkswagen--offset declines at Ford Motor Co.

Toyota Prius Plug-in price & options: Costs £32,895

Toyota Prius Plug-in - arrives in July & costs £33k The Toyota Prius Plug-in finally arrives in July 2012 and will cost £32,895 in a single spec plus a range of options. Toyota has been promising the Prius Plug-in would arrive in Toyota UK showrooms for quite some time and it looks like they’ve managed to pin that down to July. Probably.

Mercedes-Benz axes Maybach

High ranking Mercedes-Benz sources have confirmed to Autoweek that the underperforming Maybach brand will be officially killed off in 2013. The decision to disband Mercedes-Benz’s upper luxury marque comes after a decade of disappointing sales for the Maybach 57 and 62 and a recent decision from the German car maker’s chairman Dieter Zetsche not to push ahead with the development replacement models – the likes of which were tentatively due out in 2014 – owing to what one insider describes as a “positive move to focus greater attention on the Mercedes-Benz brand” . “We’ve come to the conclusion that it is better to cut our losses with Maybach than to continue into an uncertain future with a brand that has failed to live up to original sales expectations," the insider said.