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Renault spy scandal: Former COO 'had to leave'

Patrick Pelata fell on his sword to save his boss and friend -- and maybe his company. Pelata, often called one of the industry's best product strategists, was part of a small team of executives Carlos Ghosn brought to Nissan Motor Co. in 1999 after Renault bought a controlling stake in the Japanese company.

New BMW M1 – the Green Supercar

BMW are planning a new Supercar - a 'Green' M1. BMW M1 Hommage pictured. Earlier this year BMW took the M1 Homage (or Hommage, if you’re German) to the Melbourne motor show, a concept designed to show what BMW thought a new M1 for the 21st century would look like.

European car sales down 5.2%

EUROPEAN UNION car sales are still sagging despite the return of modest economic growth. For the first eight months of the year, passenger car sales were down 5.2% to 7.84 million compared with the same period last year, the European Auto Manufacturers' Association said - the lowest January-August figure since the group started keeping records in 1990. New car registrations in August fell five per cent from a year ago to 653,872.