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French government vows Renault reform after meeting with Ghosn
Fri, 18 Mar 2011The 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.
Honda plans gasoline engine for the CR-Z
Tue, 07 Dec 2010Honda is set to provide the CR-Z with an all-new four-cylinder gasoline-engine option as part of plans to broaden the compact coupe's appeal in key world markets, including North America. Currently available with just one engine option—a gasoline-electric hybrid system that mates a 1.5-liter four-cylinder engine with a brushless electric motor—the CR-Z is also earmarked to receive a turbocharged 1.6-liter four-cylinder engine currently undergoing development in Japan. The new unit, which is also planned for the Jazz, the Civic and the Accord, forms an integral part of an engine downsizing program instigated at Honda.
New Aston Martin DBS WON’T keep the ‘DBS’ badge
Tue, 01 May 2012The replacement for the Aston Martin DBS (right) will look much like the One-77 (left) at the back The revised Aston Martin DBS – due to arrive later in 2012 – will take many styling cues from the One-77 and get a new name. Aston Martin are busy working on an updated DBS (which is why we’re about to get the DBS Ultimate Edition) and are aiming for a reveal by the Paris Motor Show in September. But this isn’t going to be just a facelift for the DBS.