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Peugeot HX1 Concept – a low-riding MPV – to debut at Frankfurt 2011

Peugeot HX1 Concept – a low-slung MPV Don’t look at the Peugeot HX1 Concept and think you’ll be walking in to your local Peugeot showroom next year and driving off in one, because you won’t. The HX1 is a showcase for where Peugeot sees the brand going in terms of “…architecture, aerodynamics, modularity, equipment, interior materials, the environment and powerplants.” Just like so many concepts from Peugeot of late – the funky HR1 Concept and the almost Aston Martin-esque SR1 spring to mind – the HRX1 is a crackingly good-looking car. A bit like a Mercedes R-Class with a proper injection of Gallic style and flair.

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.

Investindustrial take 37.5 per cent stake in Aston Martin

InvestIndustrial – former owners of Ducati – have taken a 37.5 per cent stake in Aston Martin for £150 million. We’ve been proclaiming for more than a year that Aston Martin needs new investment, and AML finally confirmed as much a few weeks ago. And just yesterday we revealed a deal for Aston Martin was now a one horse race.