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Chrysler reveals names of next Alfa Romeo cars

Alfa Romeo's next two cars will be called the Milano and Giulia. Surprisingly, the news did not come from Alfa or its parent Fiat Group. Instead, Chrysler, Fiat's new alliance partner, revealed the names in its submission to the U.S.

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.

MG's return: how the Chinese will relaunch MG in 2011

MG TF roadster likely to die this year MG is relaunching in the UK first - in summer 2011 with the arrival of the 6 hatchback and saloon. It's a half-sized family car straddling the C- and D-segments, a bit like Skoda's Octavia, and will be priced aggressively. The company says the MG 6 will cost from £17,000-£20,000 when first deliveries happen in April 2011.