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Sergio Marchionne warns of strife ahead in Europe

Fiat chief exec Sergio Marchionne today warned of troubled waters ahead as Europe's car makers prepare for a radical restructuring. Marchionne, who's the current president of trade body ACEA, said factory closures were looming and repeated his call for a concerted EU-wide response to overcapacity. He warned that national interest was blocking action to strip out excess capacity, caused after European new car demand crashed by 3 million in the past five years.

Mini Cooper (2013) New Mini previewed by Mini Vision Concept

The Mini Vision Concept has given the best indication yet at what the Mini 3, due to be shown this autumn, will look like. Shown at a design event in Germany, the Vision, says Mini, is intended to show the future design direction of the BMW sub-brand, but when compared to scoop images of the car, essentially previews the new model in all its glory. Mini Vision Concept: the need-to-know The Mini 3 will keep the familiar styling cues of the first two generations, but there’s a longer wheelbase and a waistline that’s rising more sharply towards the roofline, which lowers more aggressively than before.

Official: Aston Martin gets its hands on Mercedes AMG engines & Electronic Architecture

Aston Martin & AMG confirm they’re getting in bed together Back in December we reported that Aston Martin had new investment from Investindustrial and wondered if that would mean – thanks to an existing relationship between Investindustrial and AMG – if we’d see Aston Martin finally getting access to AMG’s engines and platforms. By May, things had moved on and it was clear that Aston Martin and AMG were in talks for Aston Martin to get access to their engines for the next generation of AML’s cars. Now those talks have borne fruit and AMG and AML have signed a letter of intent for Aston Martin to “access significant Mercedes-AMG GmbH and Mercedes-Benz Cars’ resources, allowing the development of bespoke V8 powertrains and the use of certain components of electric/electronic (e/e) architecture.” Interestingly, there’s no talk of V12 engines – which could mean Aston Martin are going to move from the current Ford V12 for the DB9 and Vanquish to a powerful V8 from AMG – and nor is there talk of sharing platforms.