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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.

Ferrari 599 successor teased in Internet video

Ferrari is following the new SRT Viper playbook by leaking out bits and pieces of its 599 successor on various Internet pages. The darkened photo shown comes from Ferrari.com, while the video was released at the company's media site. Not much information has been shared about the car.

New Mercedes SLK caught testing

The next generation (2012) Mercedes SLK caught testing at the Nurburgring The next generation SLK looks to be more aggressive in stance, with a nose that takes on the family theme from the new Mercedes E-Class. It seems likely that the new SLK will come with a new set of engines, with more than a passing nod to eco-concerns. In will come a 1.6 litre, four-pot supercharged engine that will pick up the mantle from the old 1.8 litre Kompressor engine – same power – or more – with lower emissions and better economy.