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BMW & Toyota agree joint development of new sports car

BMW and Toyota have signed a binding agreement to co-develop a new sports car and continue with co-developed and shared technology. The way forward for car makers seems to be either to be as big as possible for the benefits of economy of scale, or to work together on joint products to cut development costs. Which is why BMW and Toyota are getting cosy.

Lotus terminate Dany Bahar – Aslam Farikullah takes the Lotus reins

To no one’s surprise, DBR-Hicom – owners of Lotus – have terminated Danny Bahar’s employment and replaced him with Aslam Farikullah. The tenure of Dany Bahar at Lotus has not been an easy one. But now it’s over with DBR-Hicom ending Bahar’s supension with a termination of his employment.

Volkswagen Golf GTE Plug-in Hybrid UK debut

The VW Golf GTE (pictured) gets its UK debut at the NEX next week The Volkswagen Golf GTE – which VW see as a plug-in hybrid Golf GTI – was revealed in February ahead of its debut at the Geneva Motor Show last month and is now heading for the Gadget Show Live at the NEC next week for its UK debut. With a 1.4 litre TSI petrol turbo producing 148bhp and a 101 bhp electric motor, the Golf GTE promises decent performance – 0-62mph in 7.6 seconds – daft official economy figures of 188 mpg and the ability to run on electric power only for up to 31 miles. It’s an appealing combination for a Golf that can offer city running benefits with a turn of decent performance when the mood takes, although at a price likely to be north of £30k it’s not exactly a budget buy.