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Obama sought Ghosn to run GM, ex-car czar says

The Obama Administration initially wanted Nissan-Renault CEO Carlos Ghosn to run GM after Rick Wagoner was ousted in 2009, and repeatedly pressed Fiat to put up cash for a stake in Chrysler, according to an upcoming book about the government bailout of General Motors and Chrysler. Steven Rattner, President Obama's auto adviser who steered the government's $85 billion bailout of GM and Chrysler, is about to publish a tell-all account about his six-month stint inside the White House. The Detroit News, Washington Post and Huffington Post obtained draft copies of the book--"Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry." It is scheduled to be published Oct.

Audi hike prices for UK Cars

It was always going to happen. The current weakness of Sterling against the Euro was always going to end up with Euro car makers putting up prices, and Audi has now decided to bite the bullet and push up prices by an average of 2% from 23rd February. Audi will, however, honour all existing orders and will not be seeking a surcharge.

Renault to unveil Alpine-branded concept car at Monaco GP

Renault is set to unveil an Alpine-branded concept car at this weekend's Monaco Grand Prix. The A110-50 – so named to commemorate the fiftieth anniversary of the oh-so-pretty A110 rally car – is clearly a development of the 2010 DeZir concept car although with only one leaked image to analyze, it's difficult to know by what amount it has changed. Clearly it has been subjected to the addition of a myriad of additional details, surfaces, inlets, outlets and various pieces of racing addenda however that, on the little evidence we have, appear to have added drama to the detriment of the refreshingly non-aggressive nature of the DeZir.