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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.

Scion sets stickers for the 2012 tC Release Series, xB

Toyota has released pricing details for the 2012 Scion tC Release Series and the 2012 xB. The tC Release Series 7.0 will come only with high-voltage-yellow exterior paint, black wheels and black side mirrors. The coupe will get a Toyota Racing Development body kit that includes front and rear valances, side skirts and a stylized front bumper.

A New Concours d'Elegance in Detroit

New name, new place, same cars--only more of them. The event formerly known as the Meadow Brook Concours d'Elegance has moved across metropolitan Detroit and is now called the Concours d'Elegance of America at St. John's , reflecting the show's national significance and the spectrum of collectors who flock to the annual summer summit of vintage sheetmetal.