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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.

Who's Where?: Maximilian Missoni becomes vice president exterior design at Volvo

Maximilian Missoni has been promoted to the position of vice president of exterior design at Volvo Cars. He replaces Fedde Talsma, who has elected to leave the company. Talsma's decision brings to an end a career at Volvo that began in 1982, with the past nine years spent as the firm's exterior design director.  Although Volvo states that Talsma has retired after serving 31-years at the Swedish firm, his LinkedIn profile states that he is now an independent automotive design adviser in his native Netherlands.

Gales and rain hit Christmas travel

PEOPLE WANTING to get home for Christmas face major disruption as strong gales and torrential rain threaten to cause travel chaos. Severe weather warnings are in place for much of the UK today until 9am on Christmas Eve, threatening to cause localised flooding across southern England and Wales. Strong winds are expected across much of the UK, with winds of up to 80mph in coastal areas of southern England, while Scotland is braced for sleet and snow storms and icy roads, the Met Office said.