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News watch June 2012: today's auto industry news
Fri, 29 Jun 2012Welcome 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.
Concept Group International (CGI) expands its reach into China
Thu, 19 Apr 2012CGI is one of the European leaders in vehicle development technology and is increasing its client base by providing engineering services to Chinese automotive manufacturers. CGI is currently operating in China utilizing the capability of its strategic partners based on the mainland, allowing Chinese automotive manufacturers to benefit from CGI's expertise and its history in engineering and innovative design. CGI has developed key partnerships with major automotive manufacturers based in the UK and Europe and is fully committed to generating similar relationships in China. By providing OEMs such as Bentley, Jaguar Land Rover, Nissan and Aston Martin with best-in-class quality and on-time delivery, CGI is now poised to further develop its presence in the Asian market.
BMW 114d arrives & new engines for the BMW 3 Series
Mon, 03 Sep 2012BMW has revealed the 114d Sports hatch and new engines for the 3 Series and 3 Series Touring. New BMW Nav Pro also added to 3 Series. BMW has been having a play with the 1 Series and 3 Series with new engine options available from November.