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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.

Jaguar F-Type lands in the lap of the 2013 Playboy Playmate of the Year

It does seem like Jaguar have decided that association of the F-Type with high-profile public faces is a good way to get the F-Type a few headlines, so we’ve had Lana del Rey singing her heart out in the F-Type cause, Damian Lewis acting his socks off for the F-Type’s Desire film and a plethora of faces associated with Jaguar’s Mille Miglia outing this year, where they’ve managed to get the F-Type front and centre and firmly bolted on to Jaguar’s Heritage outing. Now it’s the turn of Raquel Pomplun to raise the profile of the new F-Type a little higher, as Hugh Hefner has gifted her $100k and the use of an F-Type for a year as part of her prize for being crowned Playmate of the Year. Ms Pomplun may have preferred the F-Type as an outright gift – rather than a year long lease – but at least she’ll have the chance to parade round sunny California with the top down for 12 months.

What's New - May 2005

Porsche Cayman S Porsche has released photos of the new Cayman S model. Based on the Boxster platform, the Cayman S is a closed two-seater coup? with a large rear hatchback and revised styling.