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GM to keep GMC, Pontiac, exec says

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.

Toyota to get BMW Diesel Engines, BMW to get Toyota Hybrid Technology

BMW & Toyota in talks to share technology Toyota and BMW are reportedly in talks to share technology, with BMW getting access to Toyota’s hybrid expertise, and Toyota getting BMW diesel engines. A profitable future for car makers relies to a great extent on yielding the best return they can from their own products, and using the products of other car makers to augment their own range at sensible money. That imperative explains the report today that BMW and Toyota are in talks to exchange technology at which they excel; Toyota with hybrid technology and BMW with diesel engines.

Mercedes Electric Drive B-Class at Paris 2012

Mercedes has revealed an electric version of the new B-Class – the B-Class Electric Drive Concept – which will debut at Paris 2012. Mercedes has revealed the electric B-Class in the guise of the B-Class Electric Drive Concept – a name Mercedes say will find its way on to the boot of all electric Mercedes, Smart and Tesla cars – which previews a production version by 2014. Powering the B-Class Electric Drive is the Smart electric Drive powerplant, located in the space normally taken up by the ICE, which offers 134bhp and a healthy 228lb/ft of torque with the batteries to power the electric motor housed in what Mercedes are calling the B-Class’s Energy space ahead of the rear axle.