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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.
2012 Ford EcoSport arrives in Delhi
Wed, 04 Jan 20122012 Ford EcoSport - Delhi debut Ford’s new compact SUV – the Ford EcoSport – has been revealed at the Delhi Motor Show in concept guise ahead of a Summer launch. We first revealed the new Ford EcoSport was likely to be revealed at this month’s Delhi Motor Show early last month, after an over-eager web tech posted details on Ford’s India site by mistake. And we were right – the Ford EcoSport has now debuted in India in concept form ahead of a production release later this year.
UK car manufacturing to hit record high by 2015
Tue, 12 Jun 2012Britain is on track to hit a new all-time car manufacturing high by the end of 2015. The Society of Motor Manufacturers and Traders forecasts that car production is set to top 2 million a year in three years' time. That's enough to eclipse the 1.92m record set forty years ago in 1972.