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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.

2014 Nissan Qashqai teased… again

This is the first proper picture of the all-new, second-generation Nissan Qashqai SUV crossover, set to go on sale in the UK in early 2014. As we reported last week, although the new Qashqai’s official unveiling isn’t until Thursday 7 November 2013, Nissan can’t help itself, giving us a sneak peak of what it’s got in store for the new car with this latest image. On Bing: see pictures of the 2014 Nissan Qashqai Find out how much a used Nissan Qashqai costs on Auto Trader The studio shot was a bit dark and dingy when it dropped into the MSN Cars’ inbox, but thanks to some Photoshop trickery, we’ve managed to brighten up the picture to get a good look at the replacement for the UK’s best-selling SUV in 2012.

Mopar celebrates 50th anniversary of Gen II 426 Hemi

Since its introduction into NASCAR in the 1960s, the 426 Hemi has been a popular powerplant for power-hungry customers across the Mopar spectrum. The 426 cubic-inch brute dwelled under the sheetmetal hoods of cars like the Dodge Coronet, Plymouth GTA, Plymouth Road Runner and even the Plymouth Barracuda. Latest generations of the 426 feature an aluminum block, two-piece rear main seal and a four-bolt main.