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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.

McLaren announces markets for MP4-12C

McLaren announced 35 markets where it will sell the Formula-One-inspired MP4-12C on Friday, including New York, Chicago, Los Angeles and Toronto. Ten markets in the North America will sell the ultra-light, high-performance sports car starting in the spring of 2011. Other global markets include London, Monaco, Paris, Frankfurt, Kuwait and Johannesburg.

Jaguar unveils 'F-Type-inspired' driving shoes

HAVE YOU been hankering for a pair of shoes to perfectly match your new Jaguar F-Type? If so you’re in luck. British sports and luxury car manufacturer Jaguar has announced the official launch of a new range of footwear, designed and created in collaboration with shoemaker Oliver Sweeney.