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BMW and Toyota to team up for sports car

BMW and Toyota have agreed to jointly engineer and produce a new sports car as part of a broad-reaching technical partnership that is also set to center on lightweight construction solutions, fuel-cell development and hybrid powertrains. The announcement of the deal builds on an existing agreement for the supply of BMW diesel engines for various Toyota models, agreed to in December 2011. That was advanced with the signing of a memorandum by BMW CEO Norbert Reithofer and Toyota chairman Akio Toyoda in Munich, Germany, on Friday.

Aston Martin reveals the production version of the V12 Zagato

The Aston Martin V12 Zagato Production Car We’ve had lots of Aston Martin V12 Zagato goodness over the last few months, from the first showing at Villa d’Este all the way up to the revealation (as if there was any doubt) that the V12 Zagato would go in to limited production. But so far all we’ve really has is the track version of the Zagato. Even at the V12 Zagato’s reveal at Villa d’Este it was still the track version – just without its great big back wing.

Ford moves upmarket with new Mustang, Edge and Vignale sub-brands

Ford Britain's biggest carmaker is fighting back against increased competition from budget brands from below and executive makes from above with an aggressive expansion, which will see it launch three new models by the end of 2015. Ford is about to introduce models popular in the US over here to stretch its product line-up above the £30,000 threshold. At last week's Geneva Motor Show, the company showed the new Mustang sports car as well as the new Edge crossover (above).