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Renault toasts triple anniversary

IT’S A BIRTHDAY bonanza for Renault this week, with three important anniversaries set to be celebrated at the Rétromobile Show in Paris. It’s 30 years since the debut of the Espace people-carrier, and although the model isn’t sold in the UK any more it still has a cult following across Europe. Each of the four versions makes up part of Renault’s installation.

GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.

New Opel Monza Concept at Frankfurt 2013 signals a new big coupe from Vauxhall

The Opel Monza (1980s Monza pictured) will make a return at Frankfurt There was a time, for those not old enough to remember, when mainstream car makers produced big saloons and coupes. But no more. With very few (low-selling) exceptions, car makers like Vauxhall and Ford have given up their full-sized saloons and downsized, with SUVs of varying sizes now seen as the real future.