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BMW Toyota diesel engine deal not for Lexus

Lexus won't get BMW diesel engines despite the Toyota deal The deal for BMW to supply Toyota with diesel engines for its range in Europe will not extend to Lexus models. The deal for BMW to supply diesel engines to Toyota for Europe (and joint work on advanced lithium ion battery technology) makes a lot of sense. BMW’s diesel engine are possibly the best there are, and Toyota need good diesel offerings in Europe to mop up sales.

Volvo commits to plug-in diesel hybrids in 2012

By Tim Pollard Motor Industry 24 September 2009 16:53 Volvo will launch its first hybrid production cars in two years' time. The 2012 replacement for the V70 - which won't necessarily be a conventional estate - will have a premium range-topper powered by a plug-in diesel-electric powertrain. CAR's out in Sweden trying out the tech and today we drove a prototype for the new electric Volvo green car.

Avis buys Zipcar and grows car-sharing capabilities internationally

Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.