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News watch Jan 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 Tuesday 31 January 2012• Two Japanese car parts suppliers have been fined a staggering $548m for price fixing offences following an FBI investigation. Yazaki Corp.

Tesla planning car to take on Nissan LEAF – and maybe sell out to Apple

Elon Musk is buoyed by the success of the Tesla S and the seemingly inexorable rise in Tesla’s stock which has allowed Tesla to repay its government loans way ahead of schedule. Now Musk has been getting adventurous in an interview with Bloomberg where he’s stated that the next plan for Tesla is to build a smaller, more affordable electric car that can take on the Nissan LEAF. Musk plans to stay in control of Tesla until plans for a news small EV are complete, and said: With the Model S, you have a compelling car that’s too expensive for most people.

Bentley Arnage successor to be launched at Pebble Beach

By Tim Pollard First Official Pictures 08 July 2009 10:10 Bentley has today issued its second teaser of the ‘grand new Bentley’ – the 2010 successor to the Arnage limousine. The official, authorised photo is another chance to see the finished Bentley that CAR scooped last week with our world exclusive spyshots of the Arnage replacement being finished in the Bentley factory. The new Bentley will be revealed, and named, for the first time at the Pebble Beach Concours d’Elegance in Monterey, California in August 2009, where the company is a featured marque to celebrate its 90th anniversary.It looks very elegant, curvier than a Rolls, like a Bentley should...