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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.
Caterham 620R (2013) first official pictures
Tue, 09 Jul 2013Caterham will launch its most hardcore road-going Seven ever at the 2013 Goodwood motor show. Called the 620R, the new range-topper develops 310bhp, and will hit 60mph in 2.79sec, making as fast as an a 691bhp Lamborghini Aventador. The 620R replaces the R500 in Caterham's range, and costs £49,995.
Jaguar C-X75 adds Louis Vuitton Award to collection
Wed, 02 Feb 2011Adding to its collection of trophies, the Jaguar C-X75 was last night awarded the Louis Vuitton Classic Concept Award 2010 by a panel of luminaries from the worlds of design, fashion and luxury. Set up in 2009, the annual Louis Vuitton Classic Awards Ceremony took place in Paris on February 1st and recognizes both a classic car and a new innovation within the automotive industry. The Louis Vuitton award is the latest accolade for the C-X75, since its unveiling at the 2010 Paris motor show.