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Daimler and Renault-Nissan strike a global partnership

Daimler today struck a wide-ranging partnership with the Renault-Nissan alliance, in a deal that will usher in new jointly developed cars, shared technologies and a multitude of cost savings.  Cars such as the new 2014 Smart Fortwo will now be twinned with the next Renault Twingo, while the Forfour is set for a comeback and we can expect plenty of shared combustion engines and electric motors, borrowed platforms and jointly developed SUV tech across all three parties. And that's only scratching the surface of the possibilities opened up by this wide-ranging deal.

Mitsubishi goes electric

By Ben Oliver First Official Pictures 24 October 2007 12:58 What on earth is that? The iMIEV Sport, a teardrop coupe based on the same running gear as the regular iMIEV (more of which shortly), but with two in-wheel electric motors at the front to complement the single electric motor under the boot driving the rear wheels. The firm says the set-up can mimic the four-wheel drive grip of the S-AWC system used in the Evo X, but there are no plans to put it into production.

California car dealer buys cache of Ferraris

A collection of 21 Ferraris has changed hands, and it's headed for the United States. Car collector Tom Price, owner of Price Family Dealerships in Marin County, Calif., bought 21 classic Ferraris. The collection hit the market last year as Dutch vehicle-distributor Kroymans entered into bankruptcy.