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News watch August 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 Friday 31 August 2012•European car sales continue to struggle, down 8.2% in July. Spain, europe's biggest market, saw sales frop the most, by a massive 26%.

MP calls for taxis to have CCTV

HIGH RISK situations for taxi drivers could be mitigated by installing CCTV cameras in all minicabs and taxis, according to a Conservative MP. Bedford MP Richard Fuller said that cameras, which are long overdue, would also help make passengers feel safer. Proposing his Licensed Hackney carriages and private hire vehicles (Closed circuit television) Bill, Mr Fuller said: "In this Bill, I would propose that we should provide for secure and encrypted CCTV." Mr Fuller's Bill would ensure that recordings would only be for police access and only in specific cases.

Toyota aims for a comeback, shuffles execs

Toyota, unveiling a new business plan to double operating profit by 2015, will remove its head of North America from a downsized board and promote Canada chief Ray Tanguay to be its highest non-Japanese executive. Yoshi Inaba, 65, continues to lead Toyota North America and Toyota Motor Sales U.S.A. while becoming one of 18 directors to lose board seats.