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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.

Who's Where: Robin Page joins Volvo Cars as interior design director

Robin Page has joined Volvo Cars as design director interior. He will report directly to Thomas Ingenlath, Volvo's vice president of Design. 41-year-old Page, formerly head of interior design at Bentley since 2001, was responsible for the Continental and Mulsanne ranges' interiors and also designed the interior of Queen Elizabeth II's State Limousine.  He previously undertook an apprenticeship with Jaguar and has also worked for Rolls-Royce and Bugatti.

Lamborghini Veneno Roadster (2013) first official pictures

By Ollie Kew First Official Pictures 18 October 2013 11:00 If you missed out on the original limited edition run of three Lamborghini Venenos, you’re in luck. Lamborghini has announced a roofless Roadster version as part of the brand’s continued 50th anniversary celebrations – and plans to build up to nine examples, depending on demand. However, at €3.3m (£2.8m) – plus local taxes – the Veneno Roadster is ten times more expensive than the Aventador Roadster on which it’s based.