Toyota Mark X 2005 Multi Monitor [0461300] on 2040-parts.com

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.

1928 Mercedes 680S wins Best of Show at Pebble Beach Concours d'Elegance

A 1928 Mercedes-Benz 680S Saoutchik Torpedo finished in German Chassis gray has taken top honors at the 2012 Pebble Beach Concours d'Elegance. The car is owned by Paul Andrews of Fort Worth, Texas, and was restored by Paul Russell and Co. Andrews acquired the car in 2010 with the assistance of Gooding and Co.

Renault unveils four electric concepts at 2009 Frankfurt motor show

By Ben Pulman First Official Pictures 15 September 2009 12:00 Renault has unveiled four incredible electric concept cars at the 2009 Frankfurt motor show, and all four will be in production by the end of 2012. The maddest of all is the tiny Twizy ZE concept, a 1+1 city car that Renault sources have revealed to CAR will go into production in 2011 relatively unchanged. Also on sale in 2011 will be an electric van for commercial buyers, based on the Kangoo ZE concept and mechanically identical to the Be Bop ZE Ben Oliver drove earlier in 2009.