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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.
Kia K2 (2011) - it's the Rio saloon for China
Tue, 19 Apr 2011Kia is developing a four-door saloon version of the new Rio supermini, dubbed K2 and revealed today at the 2011 Shanghai motor show. The Kia K2 has been developed specifically for the Chinese market and there are no plans - even in the long run - to bring it to the UK, according to a UK spokesman. Kia K2: looks like an Optima!
MINI Crossman / Countryman on schedule
Thu, 19 Nov 2009The MINI Crossover Concept. On target for a Geneva launch as the Countryman or Crossman The MINI Crossover – dubbed Crossman or Countryman – has been floating around as a ‘Concept’ since the Paris Motor Show in 2008. We even reported on the MINI Crossman testing back in April, and it’s been expected to launch for quite some time, so to say it’s ‘On Schedlue’ is probably a little misleading.