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News watch Jan 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 Tuesday 31 January 2012• Two Japanese car parts suppliers have been fined a staggering $548m for price fixing offences following an FBI investigation. Yazaki Corp.

Nissan’s EV onslaught continues with Townpod

Nissan’s Townpod will be the company’s third electric vehicle (a battery-powered version of the NV200 commercial vehicle will slot in after the Leaf) and is slated for a late 2012 arrival in the UK. Looking remarkably like a character from Pixar’s Cars film, the Townpod takes the lithium-ion battery-powered drivetrain of the Leaf and cloaks it in urban friendly sheetmetal. The long wheelbase and zero overhangs results in a huge cabin, accessed by some trick doors – rear-hinged rear doors and a vertically split rear door.

Lexus NX (2014) first official pictures

By Damion Smy First Official Pictures 11 April 2014 09:04 This is the production version of the Lexus NX compact crossover, which will sit below the Lexus RX in the Japanese brand’s line-up as it chases the BMW X3. Based on the Toyota RAV4, the NX features the Lexus spindle-grille up front but has lost the jagged styling that repulsed many when the concept car was shown at the 2013 Frankfurt show. The showroom edition has been toned down significantly, but still keeps the same stance and two-piece LED headlamps that ape the IS saloon’s face.