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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.

Fiat unveils new 900cc TwinAir two-cylinder engine

Fiats of old used to feature noisy two-cylinders with a fetish for overheating, yet the Italians are at it again, this week releasing details of their new TwinAir two-cylinder 900cc engines. You can see how it works in our video below. The new engines, the first in a series of two-cylinders by the Italians, are designed to trump all other downsizing efforts. Headline figures from the 83bhp twin are 23% more power than the regular 1.2 four-pot and the same as a 1.4 16v - yet with 30% less consumption.

MINI Countryman Cooper S Diesel spied

The MINI Countryman Cooper S Diesel The prospect of a more powerful diesel for MINI has been around for a while. In fact it’s almost exactly a year since we brought you a spy photo of the MINI Cooper S Diesel which we reckoned would sport somewhere around 140bhp and a useful wodge of torque. Fast forward to August this year and we heard that MINI were taking the MINI Cooper S Diesel to the Paris Motor Show.