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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.

Volkswagen Taigun concept (2014): VW’s new baby SUV

It seems the tailgate-mounted spare wheel could be making a comeback – first Ford launches the EcoSport, now VW has followed suit with this updated Taigun concept. Both cars are small crossover SUVs, aimed at emerging markets, particularly Brazil and India. With the EcoSport appearing in UK dealerships this May, however, we don’t think it will be too long before a production version of the Taigun offers VW’s take on the idea to European buyers as well.

Aston Martin V12 Vantage S Roadster arrives with 565bhp – the quickest Aston Roadster ever

The new Aston Martin V12 Vantage S Roadster arrives The Aston Martin V12 Vantage S – revealed in 2013 – has lost its roof and turned in to the quickest open-top car Aston Martin has ever produced. The Aston Martin V12 Vantage S Roadster gets the same 5.9 litre V12 as the tin-top model, which means a 0-60mph of 3.9 seconds (0-62mph 4.1s) and a top speed of 201mph, both figures just below the coupe but enough to make this the fastest production Aston Roadster ever. The V12 engine also offers delicious lumps of torque, with 457lb/ft – and most of that available almost from tickover – all delivered to the back wheels through the Graziano 7-speed automated manual ‘box.