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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.

2013 Aston Martin Vanquish: New photos and new video

The new Aston Martin Vanquish is heading for Paris 2012 and Aston Martin has released new photos and video of their range-topper. The 2013 Vanquish gets extra power – it now delivers 565bhp and 456lb/ft of torque – which propels it to 62mph in 4.1 seconds and on to 183mph, sharper new looks with hints of the One-77 and lots of carbon fibre, and a new list price that is still the right side of £200k – £189,995. And perhaps delivering new photos and video of the 2013 Vanquish is Aston Martin’s way of making sure the Vanquish has its moment in the sun ahead of the reveal of the new DB9.

Suzuki Celerio revealed in India – Euro-spec Celerio heading for Geneva

The new Suzuki Celerio (pictured_ revealed in India The Suzuki Celerio has been launched at the Auto expo in New Delhi this week as a new A-Segment offering from Suzuki, but the Celerio isn’t just for emerging markets and will arrive in Eur-spec at the 2014 Geneva Motor Show next month. The Celerio offers more space than bothy the Alto and Splash – Suzuki’s current offerings in the A-Segment – and is expected to cost much the same as the Alto when it arrives in the UK in early 2015. Which means the new Celerio  is probably the replacement for both the Splash and Alto, and Suzuki are trumpeting it a ‘pocket-friendly’ car.