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News watch June 2012: today's auto industry news

Fri, 29 Jun 2012

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.

Potholes claims rise by 750%

Tue, 13 May 2014

CLAIMS for damage to cars have risen by as much as 750% due to the poor state of the UK’s roads after the winter’s floods. One council has reported an increase in claims from motorists whose cars have suffered broken suspension and steering. Somerset Council said it has experienced a 750% rise in claims for the period from January to February 2014 compared to the same period the previous year.

SsangYong XIV-2 concept

Mon, 13 Feb 2012

The SsangYong XIV-2 concept – the second of its ‘eXciting user Interface Vehicles' [sic] – will make its debut at next month's Geneva Motor Show. The two-door, open-top crossover is an evolution of the I.DE.A designed XIV-1, shown at the Frankfurt Motor Show last year. Visually, the XIV-2 is a departure from both the previous Ssangyong KEV2 and XIV-1 concepts, with an all-new DRG featuring a simpler, more upright fascia and cleaner pulled-back headlamps – suggestive of a more production-ready front fascia.