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BMW, Toyota to jointly develop a sports car

BMW and Toyota Motor Corp. on Friday said they will develop a sports car together and cooperate in fuel cell technology, powertrain electrification and lightweight technologies. BMW CEO Norbert Reithofer and Toyota President Akio Toyoda signed an initial agreement at BMW's Munich headquarters to expand long-term strategic collaboration between the two automakers.

AC 378 GT Zagato supercar at 2012 Geneva motor show

British sports car specialist AC is back and teaming up with fabled Italian coachbuilder Zagato to create the new AC 378 GT Zagato, the first all-new AC for some time. The company has had an on-off relationship for much of the past decade, with production switched abroad, management changes and a confusing product line-up. But new management has been installed and are hoping to make a fist of AC Cars, one of the world's oldest car brands.

L'argus European Design Competition 2004 announced

French magazine L'argus de l'automobile has launched its 3rd European Design Competition , with the theme: "Imagine the convertible utility vehicle" The competition has been run since 2002, asking students at European design schools to design original utility vehicles. The 2003 competition recieved more than 350 submissions from students of Europe's best schools of art and design. This year there are two major new features: extension of the competition to design students in the new European Union countries, and greater freedom for entrants, with a theme allowing more room for creativity.