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Mercedes signs joint venture to build carbonfibre parts

Not to be outdone by BMW’s joint venture with the SGL Group to manufacturer commercially viable carbonfibre-reinforced plastic (CFRP) for the electric Megacity Vehicle, Mercedes has announced a joint venture with Japanese company Toray Industries to manufacturer and market its on CFRP automotive parts. The deal was signed in Germany today, with Toray taking a 50.1% stake, Daimler holding 44.9% and the remaining 5% being taken by other shareholders. The two companies started working together in March 2010, and while Toray has been working on the materials and moulding processes, Merc has designed the automotive parts and the technologies to join the parts together.

Special editions join 2013 Jeep Grand Cherokee SRT8 lineup

The 2013 Jeep Grand Cherokee will arrive in dealerships this month with more new special editions and a price of $60,920 including $995 in destination and handling. That's just about the same as last year's price. Output from its 6.4-liter Hemi V8 stays the same at 470 hp and 465 lb-ft of torque.

First Sight: Twin’Z: Renault x Ross Lovegrove

Among the many car brand-related unveils within Milan Design Week, Renault was the only marque to actually launch a fully-fledged concept car. Car Design News spoke exclusively to its technical project manager Minh Au Truong and design superstar collaborator Ross Lovegrove to find out more about this much-hyped vehicle. When the news leaked that Renault would be teaming up with product design royalty Ross Lovegrove on a concept car to be revealed at Milan Design Week, to say this reviewer and the staff at Car Design News HQ were "a bit excited" would probably be an understatement.