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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.
Lotus prices Exige S Roadster from £52,900
Wed, 22 May 2013Lotus has announced its new Exige S Roadster will be priced from £52,900 – exactly the same as the hard-top Exige S. It’s also slightly lighter than the fixed-head Exige, and matches its blistering acceleration times. That £52,900 tag makes the 345bhp Exige S Roadster £7500 pricier than a (pre-options list) Porsche Boxster S manual, though the 1328kg Porsche makes do with only 315bhp.
Remaking the Ford Mustang
Thu, 23 Aug 2012By the time the next-generation Ford Mustang debuts in 2014, it will have worn a decidedly retro look for nearly a decade. From the styling to the chassis to the raw power, the pony car remains a throwback and a simple, true American pleasure. Expect that mantra to continue, but the execution will evolve, moving the Mustang forward into a broader, potentially global audience as it nears a half century of performance.
