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Mercedes signs joint venture to build carbonfibre parts

Not to be outdone by BMW’s joint venture with the SGL Group to manufacturer commercially viable carbonfibre-reinforced plastic (CFRP) for the electric Megacity Vehicle, Mercedes has announced a joint venture with Japanese company Toray Industries to manufacturer and market its on CFRP automotive parts. The deal was signed in Germany today, with Toray taking a 50.1% stake, Daimler holding 44.9% and the remaining 5% being taken by other shareholders. The two companies started working together in March 2010, and while Toray has been working on the materials and moulding processes, Merc has designed the automotive parts and the technologies to join the parts together.

Council CCTV like 'Stasi surveillance'

COUNCILS rush to bankroll "Stasi surveillance" to target motorists but sack lollipop men and women as they do not swell their coffers, the Local Government Minister claimed. Brandon Lewis compared town halls' use of "CCTV spy cars" to the tactics of the secret police agency of the former East Germany, as he insisted they raise cash from parking fines on an "industrial scale". He added they target "hard-pressed parents" dropping off their children on the school run.

Consumer Reports releases 2013 reliability rankings

Japanese brands continue to dominate the Consumer Reports Annual Auto Reliability rankings, while some European brands gained and Ford Motor Co. continued to rank near the bottom of the industry. Lexus, Toyota and Acura swept the top three spots in the 2013 rankings and Japanese brands took seven of the top 10 places.