Gates 41097 Water Pump-water Pump (standard) on 2040-parts.com

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.

Toyota to unveil low-cost car next month

Toyota said it will unveil a concept of its new car for emerging markets at the New Delhi auto show on Jan. 5. The Japanese automaker plans to sell the low-cost compact car in markets such as India, Russia and Latin America.

Frankfurt auto show: Mercedes-Benz previews the electric B-class

Mercedes-Benz revealed an electric-powered B-class with range-extending capabilities at the Frankfurt motor show. This rounds out the company's line of standard gasoline- and diesel-engine versions in the second generation of the multipurpose fiver-seater. Set to go on sale in selected markets in 2013, the B-class E-cell Plus is propelled by a 136-hp electric motor that draws electricity from a lithium-ion battery mounted low within the car's MFA platform structure.