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Daimler-Renault alliance approved, report says

An international alliance between Daimler and Renault has been approved by the companies' boards and is set to be announced on Wednesday, Bloomberg is reporting. The pact would allow the German and French automakers to collaborate on a range of products, including small cars, commercial vehicles and engines. AutoWeek first reported on the alliance last week.

Toyota to pay $32.4 million U.S. fine over timing of recalls

Toyota Motor Corp. agreed on Monday to pay two more safety fines for a total of $32.4 million, the maximum allowable under U.S. law, to settle federal investigations of whether the company notified regulators of safety defects in timely fashion.

Strate College degree show 2009

Graduating students from Strate College in Paris, France displayed their final projects in a degree show held at the school's temporary facility late last month. Founded in 1993, the school has outgrown its rented facility and is in the process of relocating to a new purpose-built facility, which will be completed at the start of the next school year. Of the 60 students studying various disciplines, the design exhibition also included the works of 16 students in the Transportation Mobility program.