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Mercedes signs joint venture to build carbonfibre parts

Not to be outdone by BMW’s joint venture with the SGL Group to manufacturer commercially viable carbonfibre-reinforced plastic (CFRP) for the electric Megacity Vehicle, Mercedes has announced a joint venture with Japanese company Toray Industries to manufacturer and market its on CFRP automotive parts. The deal was signed in Germany today, with Toray taking a 50.1% stake, Daimler holding 44.9% and the remaining 5% being taken by other shareholders. The two companies started working together in March 2010, and while Toray has been working on the materials and moulding processes, Merc has designed the automotive parts and the technologies to join the parts together.

New Maserati Ghibli Leaks UPDATED: Now Official

The new Maserati Ghibli – the new, smaller version of the Quattroporte – has leaked ahead of a reveal later this week and a debut at the Shanghai Motor Show. Update: Maserati has now officially revealed the Ghibli with the same three photos we published. Apart from the information below, the only other confirmation is that the new Maserati Ghibli will also be offered with the first diesel engine in a Maserati, allowing it to compete with cars like the Audi A6 and the Jaguar XF 3.0 litre Diesel S.

Stop buying new cars says government adviser

People should stop buying new cars and drive their old ones until they’re beyond repair, says a top government adviser. This news, reported by the Daily Telegraph, comes a day after we reported that new cars sales figures have hit a six-year high. On Bing: see pictures of scrap cars Find out how much a car over 10-years-old costs on Auto Trader Chief scientific adviser to the government’s energy department, David MacKay, said “car manufacturers love us to buy a new car every few years” and that Britain needs to end its throw away culture.