By Mark Hamilton
Motor Industry
01 June 2011 09:35
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
Wednesday 1 June 2011
• Toyota pledges it should have auto production back nearly to normal levels this month. The company predicts it should be building 90% of normal stock in June (BBC News)
• Renault chief exec Carlos Ghosn has been forced to fasttrack development of large autos and agree to spend more time in France after the French government took more of a say in long-term strategy. The state is the largest stakeholder in Renault (Automotive News Europe)
• Volvo has announced it is testing flywheel technology in a bid to save a fifth on its autos' fuel consumption figures. The Swedes claim the tech can make a four-cylinder petrol engine feel like a six-pot - yet mpg is reduced by up to 20% in early lab tests (Volvo Car Corporation)
• Carlos Tavares, named yesterday as Renault's new COO, is tipped to be a potential successor to Carlos Ghosn in the top job as CEO of the auto maker (Automotive News Europe)
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