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French government vows Renault reform after meeting with Ghosn

The French government will see to it that the individuals responsible for the now debunked Renault SA espionage affair are dealt with, the Finance and Industry ministers said in a statement. "The ministers underscored that they will pay close attention to organizational reform and individual responsibility (at Renault) based on the result of the audit," Finance minister Christine Lagarde and Industry Minister Eric Besson said in a joint statement after meeting with Renault CEO Carlos Ghosn on Thursday. The French state, which owns 15 percent of Renault, has called for a thorough investigation into discredited claims that three Renault executives were spying on the carmaker, possibly for a foreign government.

Mercedes Teases Its 911 Rival Ahead Of Autumn Launch

MERCEDES has released teaser images of its hotly anticipated new Porsche 911 rival. The German firm has dropped the familiar ‘Benz’ element of its name, with the car being called simply the Mercedes-AMG GT. Name and cabin layout aside, Mercedes is giving little away as to the car’s looks and motive power.

Speading plea as fines quadruple

A MOTHER whose two-year-old son was one of eight people who died in a horrific road crash has spoken of the need for motorists to "break the habit of speeding to prevent more needless deaths". Tracey Mohabir's comments came as the Government announced a four-fold increase in fines available to magistrates, meaning motorway speeders could be forced to pay up to £10,000. Mrs Mohabir's son Marcus was travelling with his father Steve and two friends, Toby and Kate Beasley, when their Land Rover was hit by a speeding BMW which crashed through the central reservation on the A23 near Pycombe, Sussex, on May 16 2004.