07 08 09 Mazda Cx-9 R. Corner/park Light Fog/driving on 2040-parts.com

BMW & Toyota to collaborate on next-generation lithium-ion battery cells

Toyota & BMW to work together on next-gen lithium-ion batteries BMW and Toyota are to work together to develop next-generation lithium-ion battery technology to try and make battery power more effective. Late last year we learnt that BMW and Toyota are to work more closely to share technology and expertise as the car industry enters a period of consolidation and partnership to try and keep R&D costs under control, and make their products more cost-effective. The result of the BMW Toyota tie-up sees BMW getting access to some of Toyota’s Hybrid nous and Toyota getting access to BMW’s excellent diesel engines.

Citroen AirCross – based on Citroen C3 Picasso – revealed

The Citroen AirCross - looks like a South America only crossover This could be a new car from Citroen, but it could just as easily be another of those oddities that car makers throw at the southern end of the Americas. Citroen in Brazil has revealed – via Twitter – the Citroen AirCross, which is basically a Citroen C3 Picasso with a bit of Crossover / SUV butchness thrown in to create a rugged urban crossover. And it’s based on the old Citroen C3, which makes us think there’s a chance this may not be a world car.

Wiedeking to be offered $140 million to quit Porsche, report says

Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday. The newspaper said Wiedeking has been visited by Porsche Chairman Wolfgang Porsche in the past few days, who “made it clear” that the embattled CEO should step down. Wiedeking has come under fire for allowing Porsche's holding company to amass debts of more than $12.7 billion (9 billion euros) during a failed attempt to take over VW.