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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.

McLaren Automotive First Anniversary: 1,000 McLaren MP4-12C sold and counting

McLaren Automotive is a year old and is celebrating selling over 1,000 McLaren MP4-12Cs in the first twelve months. It’s actually a bit more than  three years since Ron Dennis announced the formation of McLaren Automotive, which had a live launch on Cars UK on 18th March 2010. But McLaren don’t seem to acknowledge that date as the start of McLaren Automotive but instead prefer the date the first MP4-12C was sold – exactly one year ago today on June 21st 2011.

Toyota to recall 1.1 million Corolla, Matrix models prone to stalling

Toyota Motor Corp. today issued a recall of 1.1 million Corolla and Corolla Matrix vehicles from the 2005-08 model years after more than 1,000 complaints of stalling. In a statement, Toyota said it was addressing some engine control modules that may have been improperly made.