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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.

BMW Concept Gran Coupé revealed- BMW 8 Series?

BMW's Gran Coupe Concept - a four door coupe - revealed in Beijing Despite the imposing (5m long) BMW Concept Gran Coupé being a surprise showing from BMW, we really shouldn’t be at all surprised. Ever since Mercedes launched the CLS back in 2005 the four-door swoopy-coupe has been gathering sales and becoming more desired and more in demand every year. We can now add the Audi A7 to the CLS in this category and in all honesty the new Jaguar XJ is a four-door coupe in all but name.

Saab CEO Jonsson to retire in May; search is under way for a successor

Saab owner Spyker Cars N.V. is looking for a successor to long-serving Saab CEO Jan Ake Jonsson, who will retire on May 19. Jonsson, 59, played a key role in saving Saab when former owner General Motors Co.