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French government vows Renault reform after meeting with Ghosn

The 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.

Chrysler in crisis

By Liz Turner, in the US Motor Industry 02 March 2007 04:28 The trouble with Chrysler: the background In 1996 when Chrysler opened its $1.1bn headquarters in Auburn Hills, 30 miles north of Detroit, executives joked that if things didn’t work out, they could always sell it as a shopping mall. Following DaimlerChrysler’s annual press conference on 14 February, local realtors are, no doubt, sneaking in to take measurements. Chrysler Group announced a staggering operating loss of $1.5 billion for 2006, and in the subsequent question time, DaimlerChrysler’s CEO Dieter Zetsche said the company ‘will examine far-reaching strategic options with partners’.

Ruiqi G2

The Ruiqi G2 – an A-segment model from Chery's new sub-brand – will enter the Chinese market in July, competing with the BAIC E Series and Great Wall Tengyi C20. Designed by Pininfarina, the Ruiqi G2's most distinctive feature is a wave-shaped feature line that wraps up from the rocker, creates an exaggerated rear fender and wraps around the rear to for the rear bumper, the intention of which is to "convey a sense of agility and movement." Chrome highlights on the front grille and tailgate attempt to add a premium touch to the G2 as is the winged, Bentley-inspired badge. The interior architecture is entirely conventional with silver and black trim, while the integrated center panel features a hexagonal HVAC control unit.