1971 71 Ford Torino Cobra Headlight Bezels Left And Right Very Good Used Cond. on 2040-parts.com

News watch March 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 30 March 2012• Fiat is suffering from its decision to suspend new product innovation during the recession, argues ANE. It is losing ground on account of delays to its Punto range, which won't be replaced until 2014, and the ageing Bravo, which was launched in 2007 and has no successor in sight (Automotive News Europe)• Mercedes plans to build the new four-door coupe spun off the A- and B-class architecture at its new Hungarian factory (Automotive News Europe)• Opel denies rumours it may sell the Eisenach factory in east Germany where it builds the Corsa supermini (Automotive News Europe)• Mercedes is cutting the time it takes to build a car from 43 hours in 2008 to nearer 30 hours by 2015, according to production boss Wolfgang Bernhard.

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.

2014 Jeep Liberty prototype caught in spy photos

The vehicle in these photos might resemble an Alfa Romeo Giulietta from some angles, but the raised ride height, chunky all-terrain tires and slotted grille hiding behind the camouflage suggest a prototype of the 2014 Jeep Liberty. Code-named UJ, the new Jeep Liberty will be built at Chrysler's Toledo, Ohio, assembly plant. A new 3.2-liter V6 will power the Liberty, which will come with a nine-speed automatic transmission.