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Renault Koleos

By Ben Barry Motor Shows 28 September 2006 01:37 The lowdown Renault boss Carlos Ghosn today unveiled the latest fruits of the Renault/Nissan alliance at the Paris Motor Show: the Renault Koleos concept, the French firm’s first steps into soft-roader territory. Despite being a concept, the Koleos closely mirrors the production car. The Koleos is an incredibly important vehicle for Renault, taking it into the crossover 4x4 market, and being a key player in La Regie’s bid to release 26 cars by 2009 – ‘to rejuvenate, extend and revitalize our product range,’ according to Ghosn.

Singapore billionaire Peter Lim invests in McLaren Automotive

Singapore billionaire Peter Lim has invested in McLaren Automotive and has taken a spot on the board of directors along with Ron Dennis, Mansour Ojjeh and the Bahrain Mumtalakat Holding Co., McLaren said on Friday. The company declined to reveal the amount of the investment, but privately held McLaren said it is a “significant amount.” More details of the deal will be announced closer to the Singapore Grand Prix. Lim is ranked as the eighth-richest businessperson in Singapore, according to Forbes, and he owns a chain of Manchester United-themed restaurants and bars in Asia.

Audi Q5 due next year: Autoweek Magazine

Audi will offer a hybrid version of its Q5 premium SUV in the US starting in late 2010, says Wolfgang Hatz, head of powertrain development for the Volkswagen group. If the car is a success in the US, Audi said it may launch it in Europe. In an interview at the auto show here last month, Hatz said Audi must offer a hybrid model to compete with rival vehicles that already offer the technology, such as the Lexus RX 400h.