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News watch June 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 29 June 2012• As predicted, BMW and Toyota today announced the next stage of their cooperation to jointly develop powertrains, lightweight technologies, fuel-cells and future platforms (BMW and Toyota)• Today's announcement follows the initial agreement signed in December 2011; in March 2012, BMW and Toyota signed a binding agreement to work together on lithium-ion battery research and for Munich to supply Toyota with diesel engines from 2014 • Now Toyota and BMW have signed a memorandum of understanding to cooperate on the electrification of car powertrains, research into lightweight technologies, develop fuel-cells and to consider future vehicle architectures – 'for a sports car, for example'• Renault will cut 300 jobs at its Flins plant near Paris, it announced today. The factory builds the Clio and is preparing for the new Zoe ZE too (Automotive News Europe)• Ford has warned its pre-tax operating profit in the second quarter will be 'substantially lower' than before.

"Room for debate" on minimum driving age increase

MOTORISTS are concerned about the minimum driving age, according to new research. More than a third of drivers (35%) think the minimum age should be raised, with 40% of those people believing the starting point should be 21, according to the study carried out by British Car Auctions (BCA). Four in 10 of all people questioned said they felt that a reduction in the overall accident rate would be a welcome outcome of an adjustment of the legal minimum driving age.

Geneva Show 2014: BMW goes front-wheel-drive with 2 Series

HISTORY has been made on the BMW stand at the Geneva Motor Show as it has revealed the production version of its first front-wheel-drive car. The 2 Series Active Tourer is a compact MPV, also a new segment for the firm, and under the distinctive exterior it uses the same chassis and clever three-cylinder engine as seen in the new Mini. In doing so it becomes the first production BMW to send drive to the front wheels alone.