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Ghosn wants to expand Daimler ties; calls alliance a ‘powerhouse'

With chatter swirling about potential expansion of the Renault-Nissan alliance, CEO Carlos Ghosn on Thursday put his support directly into expanding the automakers' relationship with Daimler AG. “We know we have a powerhouse,” Ghosn said in a media roundtable at the Paris auto show. “When you add the R&D of Renault, Nissan and Daimler, we are the largest in the industry,” Ghosn said.

Megane Renaultsport 250 launches

The Megane Renaultsport 250 has been launched at Frankfurt As you’d expect, the RS 250 is a wee bit OTT with LEDs and splitter; bulges and biceps everywhere. When the Renaultsport hits the road next year you’ll be able to choose from two versions – Sport or Cup. Unless you have a spine made of titanium – or you don’t feel a performance Renaultsport deserves its name unless your arse can read the makers name on the cats-eyes as you crash over them – choose the Sport.

Ford posts record first-quarter profits

Ford Motor Co. said first-quarter net income increased 15 percent from a year earlier to $1.61 billion, as rising U.S. auto sales pushed North American profits to a record, offsetting deeper losses in Europe.