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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.

Pontiac is done by end of 2010; Saturn shutdown accelerated

Pontiac--the brand famous for the GTO, the Firebird, the Star Chief and, most recently, the Solstice--is dead. It will be phased out by the end of 2010 as part of sweeping cuts announced Monday by General Motors as it tries to remake itself into a smaller company with fewer plants, workers and dealers. GM said it will concentrate on four U.S.

Slump in new car sales is worst since February 2006

By Nigel Wonnacot Motor Industry 07 July 2008 12:42 It’s finally happened. The new car market has succumbed to the economic slowdown and punters are staying away from showrooms in droves. Latest figures from industry trade body SMMT showed an 11.9 per cent fall in private sales in June to 83,425 cars.