Mazda Oem N3h115350m Engine Coolant Recovery Tank-reservoir Assembly on 2040-parts.com

Daimler, Renault are set to share vehicle platforms and engines

Following a year of intensive high-level talks and secretive, behind the scenes strategy meetings, Daimler AG and Renault SA have agreed on plans that will see their car-making divisions--Mercedes-Benz, Smart, Renault and Nissan--share resources on a wide range of products. The move signals more consolidation within the European automotive industry. Daimler chairman Dieter Zetsche and Renault president Carlos Ghosn have set out three primary areas of cooperation that will see the carmakers share small-car and light-commercial-vehicle platforms, small gasoline and diesel engines, and electric drive systems.

Koenigsegg teases Agera One:1 hypercar with 1,340hp

Koenigsegg has released the first official image of its new Agera One:1 hypercar, set to make its world debut at the 2014 Geneva Motor Show next month. Based on the Swedish firm’s Agera R model, the One:1 concept produces a whopping 1,340hp and weighs 1,340kg, meaning the car has a power-to-weight ratio of 1,000hp per tonne. That’s a lot.

Video: Chevrolet C7 Corvette digital gauges teased

Chevrolet has released a new teaser video of its new C7 Corvette revealing more interior details and its new digital gauge cluster. With the 2014 Chevrolet Corvette's debut at the Detroit auto show rapidly approaching, the carmaker's latest teaser shows a new 200-mph speedometer and an all-digital screen featuring a large, centralized tachometer and information display. The latest teaser comes two weeks after another video showed the new Corvette testing in the wind tunnel, giving us minor glimpses of the C7. Within the first five seconds you can see a profile shot of the covered-up C7 before some flashes of design sketches.