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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.
Maserati SUV & two new Maserati Quattroportes confirmed
Wed, 27 Jul 2011'Baby' Maserati Quattroporte Maserati are about to be the recipients of some of the benefits (if you care to see them as such) of the input of Chrysler, with a Maserati SUV and two new Quattroportes planned to replace the current Maserati Quattroporte over the next few years, thanks to the availability of Chrysler’s platforms and engines. Revealing plans to increase Maserati sales almost ten fold – from under 6,000 a year to over 50,000 – Sergio Marchionne has said Maserati will introduce two new cars to replace the ageing Maserati Quattroporte. It’s felt that the current Quattroporte falls between two stools – it’s too big to be a proper drivers car and too small to be a proper chauffeur car.
GM opens on Ebay
Tue, 11 Aug 2009GM launches on Ebay today But GM is back as ‘New GM’, thanks to the US taxpayer. With a clean sheet and a desire to prove it’s fit to be a 21st century car maker, and is looking for new ways to shift its metal. And it’s decided that the world’s biggest boot sale is the way to go.