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Daimler, Renault are set to share vehicle platforms and engines

Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.

Lexus confirms plans for baby IS

By Ben Pulman Motor Industry 22 October 2008 14:15 Lexus has officially confirmed it will build a BMW 1-series rival. Speaking to the German media, European company MD Tadashi Arashima told reporters: 'We will offer a Lexus in the compact class'. He explained that Lexus needed 'smaller and more efficient vehicles' in the face of European CO2 regulations.

Mitsubishi Concept-CX sketches

By Ben Pulman First Official Pictures 30 July 2007 10:23 What’s that, a Lancer hatch? Not quite, though the front does have a strong resemblance to the four-door Lancer that will land in the UK at the start of 2008. Dubbed Concept-cX, this, show car points to Mitsubishi's possible future compact crossover in the mould of the Nissan Qashqai.