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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.

Bugatti Galibier 'will be a hybrid' - Wolfgang Durheimer

Bugatti 'will continue to produce the worlds fastest car' Bugatti will launch the 16C Galibier limousine shown in 2009 as a concept car, the new president and CEO Wolfgang Durheimer has confirmed to CAR. The Galibier will eventually be part of a two-strong Bugatti range, meaning there's life in the hypercar brand post-Veyron. In a wide-ranging interview in the new May 2011 issue of CAR Magazine, Durheimer revealed that the Galibier would carry over the Veyron's monstrous W16 engine and transmission, but that Bugatti is developing a hybrid option to make sure its big limo retains social acceptability.

BMW limits special-edition M3 coupe to 30 copies for the United States

As the 25th anniversary of the M3 draws near, BMW is starting the celebration a bit early with a limited-edition M3 coupe for U.S. buyers. And BMW means limited--it will sell only 30 copies of the car, painted in a color called Frozen Gray.