Citroen DS3 Racing: UK price & details

Citroen DS3 UK Details & Prices We brought news of the Citroen DS3 Racing back in February and now, some six months on, Citroen has got round to sending us some concrete details and UK prices. Which are a bit of a surprise. The Citroen DS3 Racing is going to cost a hefty £23,100 (which as it won’t be hitting customers until early 2011 does include VAT at 20% – still steep though) when it arrives in 2011.

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.

Schumacher won’t be back

Michael Schumacher's motor bike accident in February has spoiled his comeback Well. it appears that it is indeed a step too far for the 40 year old Schumacher. He suffered a neck injury earlier this year whilst out playing with motor bikes to get his adrenalin fix.