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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.
Famed 1931 Duesenberg Whittell Coupe on the block at Gooding Pebble Beach auction
Mon, 23 May 2011Gooding & Co. is set to auction what it claims is "America's most elegant automobile," a 1931 Duesenberg Model J by Murphy, at the company's 2011 Pebble Beach auction in August. Not to be confused with any run-of-the-mill Duesenberg Model J, this particular car is known as the Whittell Coupe after its owner, California playboy Captain George Whittell Jr.
Game Changer? Ford has high hopes for its redesigned 2011 Explorer
Mon, 26 Jul 2010Ford wants you to forget everything you know, or think you know, about its Explorer. The company has high hopes for its all-new SUV, and rightfully so. It's one of the most recognizable nameplates in the auto industry with, according to Ford, a 95 percent name-recognition rate.