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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.
MTM de-quattros and supercharges the Audi R8
Thu, 08 Apr 2010Audi tuning specialist MTM has revealed its latest go-fast package for the R8 supercar. Having already supercharged the car's 4.2-liter V8, MTM has now converted the AWD sports car to RWD for the new R8 GT3-2 package (the 2 stands for the number of powered wheels). With 560 hp and 428 lb-ft of torque on tap from the supercharged V8, the R8 GT3-2 is capable of hitting 62 mph in 3.9 seconds and has a top speed of 197 mph.
Lincoln Town Car lives on--as the MKT
Mon, 14 Feb 2011Lincoln is not forsaking the world of limos. That means if you're planning a wedding, bachelor party or even a birthday bash that requires a chauffeur, the MKT is in your future. Lincoln is winding down production of the venerable Town Car this year, and as expected, an MKT will replace it.