Daily News Briefs: June 29, 2012

BMW and Toyota could develop a sports car together, Automotive News reports. The automakers plan to develop fuel-cell, EV and weight-reduction technology, plus "joint development of architecture and components for a future sports vehicle," they said in a joint statement. Calling the collaboration a partnership between Toyota's strength in "environment-friendly hybrids and fuel cells" and BMW's traditional forte of "developing sports cars," Toyota President Akio Toyoda hailed the move, which deepens a collaboration deal on lithium-ion batteries and diesel engines announced last March. Toyota's Lex us division has a 552-horsepower V-10 LFA, while BMW has leased the all-electric Mini E and 1 Series-based ActiveE to select residents in California and the East Coast. In other news: When the redesigned 2013 Nissan Sentra arrives, Nissan says it will move some production of its compact car to Canton, Miss. A portion of Sentras will still come from Nissan's Aguascalientes, Mexico plant, where the automaker builds the current-gen Sentra. Ford will likely see its international losses triple on European uncertainty, The Detroit News reports, but it should remain profitable overall for a 12th consecutive quarter, which wraps up this week. Chrysler will hire more employees at its Toledo, Ohio, plant to build more Jeep Wranglers, Automotive News reports. Officials and analysts expect June sales to rise around 20%, reaching a seasonally adjusted annual rate in the high 13 million range, The Detroit News reports. The industry will report sales on Tuesday. Related More Industry News Research Electric Vehicles More Automotive News from KickingTires http://blogs.cars.com/kickingtires/

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