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News watch June 2012: today's auto industry news
Fri, 29 Jun 2012Welcome 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.
New car registrations at five-year high September 2013
Sat, 05 Oct 2013New car registrations at five-year high September 2013 Despite the UK economy being in the doldrums for much of the past five years, new car registrations have recovered well ahead of the curve and still seem to be unstoppable. September saw new car registrations hit 403,136 – the highest figure for five and a half years – and the first time since 2008 new car registrations have broken the 400k barrier. We’ve covered the reasons before – pre-reg cars, dealer discounts and even PPI payouts – but car registrations are certainly continuing to give buoyancy to a recovery that’s still fragile.
Audi R8 GT (2010): first news of lightweight R8
Sat, 01 May 2010Audi has shown the new R8 GT – a limited-edition model to sit atop the R8 supercar family. The GT is 100kg lighter, thanks to some body parts made from carbonfibre and its V10 engine is tuned up to Gallardo-nibbling spec. With 552bhp and 398lb ft, the R8 GT will be considerably faster than the standard R8 5.2 FSI V10.