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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.
BMW plotting a hydrogen fuel cell EV
Fri, 02 Aug 2013The BMW i3 EV (pictured) will eventually be joined by a hydrogen fuel cell BMW BMW has now taken its first fully-fledged step in to the electric car market with the BMW i3, revealed in full earlier this week. The i3 is a properly competent offering from BMW and it seems likely that, despite a price pushing on £30k even after the taxpayer bribe for EVs, that they will find a ready market in their affluent customer base for the i3 as a second (or third, or fourth…) car for local runarounds. BMW has even managed to negate range anxiety by offering the option of a range-extender engine in the i3 – basically a BMW motorcycle engine to charge the battery when it runs out of juice – so BMW’s customers who may wish to use their i3 for more than just a trip the shops can do so without getting stranded.
Suzuki take Volkswagen to court
Thu, 24 Nov 2011Suzuki are seeking to get their shares back from VW The partnership between Volkswagen and Suzuki promised so much. VW wanted an easy way in to the car market in India – where Suzuki is very strong – and in return Suzuki wanted access to the sort of technology – hybrid and EV – it couldn’t really afford to develop independently. And all looked rosy when VW took a near 20 per cent stake in Suzuki in 2009 But things started to go a bit awry when VW insensitively referred to Suzuki as an ‘associate’, where it could pull all the right strings, in its annual report.