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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.
Home of NAIAS to be updated
Thu, 31 Mar 2011The spiritual home of the NAIAS is set to be rejuvenated. The Cobo center in Detroit, home of the North American International Auto Show for over 24 years, is part of a $221 million project that will see it extended and renovated extensively. The Detroit Regional Convention Facility Authority have announced that many of the improvements to the Cobo center will be ready for the 2012 NAIAS, although the project is unlikely to be finished until 2014.
Classic BMW takes Best of Show at Hilton Head Island Concours d'Elegance
Mon, 07 Nov 2011A 1937 BMW 328 Roadster owned by Lothar Schuettler of Darnestown, Md., took Best of Show honors at the Hilton Head Island Motoring Festival & Concours d'Elegance. The Sunday concours, which had BMW as the honored marque, wrapped up a weeklong event that included the Savannah Speed Classic vintage races in nearby Savannah, Ga., a tour around Hilton Head by concours entrants, a Motoring Midway and a Car Club Jamboree on Saturday featuring exhibits from car clubs from around the country. The 328 Roadster was first owned by German race driver Baron Fritz Huschke von Hanstein and is one of only 18 cars that were painted black that year.