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News watch April 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-hourMonday 30 April 2012• Kia posted global first quarter 2012 profits up 26%, with sales up 12% worldwide. 635000 new Kias found homes, 79000 in Europe (up 24.6% on 2011 in a total market which contracted 7.1%), with the USA now Kia's largest market ahead of Korea.

2010 Jaguar XJ Neiman Marcus special edition sells out all 50 copies

It took all of four hours and four minutes for a special Neiman Marcus edition of the redesigned 2010 Jaguar XJ to sell out through the retail giant's Christmas book on Friday. Just 50 copies of the big cat, called the XJL Supercharged Neiman Marcus edition, will be produced. And they're all spoken for after brisk sales reservations last week.

Infiniti EX35

The EX35 is a slightly smaller and more mainstream SUV than its FX bigger brother from which it takes its core 'coupe SUV' theme.  Despite the coupe design references, the vehicle is similar proportionally to the Lexus RX300 and BMW X3 which it will compete with in the US - and also in Europe when the Infiniti brand debuts next year.  Little different to the Infiniti EX concept shown in New York, the EX35 uses the core Infiniti graphic design signatures and soft form language but introduces a new flowing side feature line not seen on the Infiniti G37 Coupe launched a few months ago. Interesting technical innovations include the 'Around View Monitor' that uses four cameras to give a 'top-down view' of the outside of the car, and 'Scratch Shield' - a new self-healing clearcoat paint. Related Stories: Infiniti EX concept - New York Auto Show 2007 Infiniti G37 Coupe - New York Auto Show 2007