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Renault announces new six-year strategy

Renault today announced a new six-year strategy dubbed Renault 2016 – Drive the Change. A typically naff marketing-led title, but there’s some interesting detail on CEO Carlos Ghosn’s vision for Renault between now and 2016. Like how he wants to build 1.5 million electric cars in the next five years.

Hyundai incentive includes job loss insurance

During a focus group meeting in late November, Joel Ewanick, Hyundai Motor America's vice president of marketing, realized no matter how much cash Hyundai piled on the fenders, it probably wasn't going to get buyers into showrooms. Not when they were worried about losing their jobs. "The question for consumers right now is what is going to happen to their income in 2009," Ewanick told Automotive News.

Concept Car of the Week: GM-X Stiletto (1964)

With dreams of flying cars as the ultimate inspiration, General Motors designers in the ‘60s used every trick possible to make their creations appear as though they were floating – long, straight bodies, wheels pushed in and hidden away, large fins and lights that looked like rockets. As William L. Mitchell took the reins of GM Design, he brought a more high-tech approach, with simpler surfaces, a more restrained use of chrome and a general sense of elegant simplicity.