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McLaren P1 Spied

The McLaren P1 supercar has been spotted out testing in Diss in Norfolk making a visit to a McLaren supplier. We got the public reveal of the McLaren P1 – the spiritual successor to the iconic McLaren F1 – at the Paris Motor Show in September, and the McLaren boys told us the car was 95 per cent of how the final P1 would look. Which seems to be borne out by these spy photos of the P1.

News watch June 2012: today's auto industry news

Welcome 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.

2014 Honda Accord hybrid starts at $29,905

The 2014 Honda Accord hybrid goes on sale today, with a base price of $29,905, including destination. The EX-L model goes for $32,695, and the top Touring model will sell for $35,695. All versions of the hybrid get Honda’s 2.0-liter four-cylinder Atkinson-cycle engine with a two-motor hybrid system.