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Renault announces new six-year strategy

Renault today announced a new six-year strategy dubbed Renault 2016 – Drive the Change. A typically naff marketing-led title, but there’s some interesting detail on CEO Carlos Ghosn’s vision for Renault between now and 2016. Like how he wants to build 1.5 million electric cars in the next five years.

Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.

New Suzuki Swift Sport starts at £13.5k reveals Suzuki UK

2012 Suzuki Swift Sport costs £13.5k in the UK Suzuki UK reveals the new Suzuki Swift Sport will cost £13,500 when it goes on sale in January 2012. The Suzuki Swift is a more than half way decent little car, and the range-topping Suzuki Swift Sport – which was revealed at the Frankfurt Motor Show in September – looks set to be a fun little number with decent dynamics thanks to a tweaked suspension. Although the new Swift Sport only gets an extra 10bhp over the old Sport model, it can get to 62mph in 8.7 seconds and carry on going to 121mph.