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Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

Chevrolet ups the apps for MyLink infotainment system

Soon owners of new Chevrolet vehicles like the Corvette, Equinox, Impala, Malibu, Volt, and Silverado will be able to download a range of different apps directly to their vehicles through MyLink. This will be made possible by General Motors' deployment of high-speed 4G LTE connectivity through OnStar, which will allow software to be downloaded directly to the car's infotainment system. Owners will be able to select and download apps though the Chevrolet AppShop, which will be accessible through an icon on the MyLink screen.

Lotus Group CEO Dany Bahar suspended, facing investigation

Lotus Group chief executive officer Dany Bahar has been suspended and is facing an investigation following an undisclosed conduct complaint. While there is no official word on the nature of the complaint against Bahar, the The Daily Telegraph reports that it might be related to expenses claimed by Bahar or a legal dispute surrounding renovations on one of two Norwich, England, rental homes paid for by Lotus. Bahar's suspension has heightened the uncertainty surrounding the future of the Lotus Group.