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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.

Volkswagen Passat drops United States model when new sedan debuts

Volkswagen probably will drop the Passat sedan and wagon in 2011 when VW's new U.S.-built mid-sized four-door is expected to go on sale. "We are looking at it in detail," Stefan Jacoby, VW Group of America CEO, said this month at a press event here. The U.S.-built sedan, which has yet to be named, will be larger than the Passat but priced lower.

Alfa Romeo 4C Concept: Alfa’s baby 8C debuts

Alfa Romeo 4C We had a stab at guessing what the Alfa Romeo 4C would be like once we knew it was likely that Alfa were taking the 4C – a baby Alfa 8C – to Geneva. But we didn’t have much to go on. If we’d guessed that the Alfa 4C would be, in almost every sense that matters, a scaled-down 8C we wouldn’t have been far wrong.