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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.
New Saab 9-3 leaks – Saab’s future?
Mon, 31 Oct 2011New Saab 9-3 leaks It makes a change to have a Saab story that isn’t more doom and gloom and financial meltdown, but it does seem a bit of a coincidence that an image of the new Saab 9-3 should surface on the day Saab reveals the Chinese investment plans to put Saab back on its feet. Still, casting our cynicism aside, the new Saab 9-3 will be a key part of the plans to revive Saab – but this leaked photo isn’t the first news we’ve had of the new 9-3. Apart from Victor Muller’s musings about Saab’s future, we saw a proper concept of the new 9-3 back at Geneva in the Spring when Saab called the Saab PhoeniX (the 9-3 Concept) an ‘Aeromotional Design’ and managed to allude to Saab’s background in fighter planes by saying the PhoeniX ‘liquid metal’ forms and a dramatic jet canopy-inspired glasshouse’.
Hyundai lures Toyota's Michael O'Brien to head U.S. product planning
Tue, 29 Jun 2010Hyundai named Michael O'Brien vice president of product and corporate planning--an influential position that has been vacant since John Krafcik became CEO in late 2008, the company announced on Tuesday. O'Brien, 55, spent the last 14 years at Toyota Motor Corp.'s U.S. sales division as a manager within the corporate planning division.