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Renault designers on their interpretation of luxury [w/Video]

Renault's design chief Laurens van den Acker and his design team have stressed how the Initiale Paris concept previews how Renault design's tactics will help steer clear of its rivals within the premium segment.  The concept – the sixth to be developed in the design strategy inspired by the cycle of life, now in the Wisdom stage – heralds Renault's return to the high-end market after a number of years. It was, therefore, important that the design be a positive rejection of traditional ideas of luxury, design director of concept cars Axel Breun believes. Designer Choung Sun Oh goes to great pains to stress how the design team worked towards developing a highly original design to set them apart from rivaling brands upon re-entry.

Robert Kidder, former Duracell chief, to head new Chrysler as chairman

Business consultant Robert Kidder is set to become the new chairman of Chrysler Group when it emerges from bankruptcy. Kidder, 64, will replace Bob Nardelli, who was hired in 2007 after Daimler sold Chrysler to private equity group Cerberus. A new board of directors, to be formed after bankruptcy, will hire a new CEO for Chrysler.

BMW M5 Nighthawk special edition revealed in Japan

BMW has released a special limited edition of the M5 for the Japanese market called the Nighthawk. The special run of just 10 examples will feature a matte paint BMW calls "Frozen Black," which will extend to the 20-inch wheels fitted on the car. Other custom touches will include a blacked-out grille, with the Frozen black paint on a number of exterior details.