Archive for renault

Filed under: Government/Legal , GM , Celebrities Steven Rattner , former automotive adviser to President Barack Obama, has just written a juicy account of last year’s automotive bailout, complete with insights on the coming and goings of CEOs, courting foreign saviors and the General Motors plan to abandon its Renaissance Center headquarters. In his book, ” Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry, ” Rattner says that GM wanted to walk away from its expensive towers in downtown Detroit and move to Warren, MI. While the move would have likely saved the company plenty of money and lent the impression of a hands-on management approach, the Obama administration apparently refused to allow the move, saying that it would cause a double-digit drop in property values in the area. There’s also the fact that GM pays around $20 million in taxes to Detroit per year

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Report: Rattner bio reveals Obama Administration wanted Ghosn to run GM

Renault are set to make a splash at their home motor show in Paris at the end of the month. One model that is sure to be there is the facelifted Renault Laguna that has received an update in preparation for the 2011 model year.

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2011 Renault Laguna facelift first pics released

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French carmaker Renault SA is reportedly considering buying back a majority stake in the formula one team that bears its name.

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Carmaker Renault considers buying back F1 team – report

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Aug
29

Renault Latitude debuts in Moscow

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Filed under: Misc. Auto Shows , Renault , Russia , Luxury 2011 Renault Latitude – Click above for high-res image gallery Renault does well in Russia, and the market is important enough to the French automaker that it’s unveiled its latest car in Moscow. The Renault Latitude is described as a “business class” sedan, which translates to a crisply-styled, generously-sized car carrying luxury and tech features.

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Renault Latitude debuts in Moscow

Aug
29

Renault Latitude debuts in Moscow

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Filed under: Misc. Auto Shows , Renault , Russia , Luxury 2011 Renault Latitude – Click above for high-res image gallery Renault does well in Russia, and the market is important enough to the French automaker that it’s unveiled its latest car in Moscow. The Renault Latitude is described as a “business class” sedan, which translates to a crisply-styled, generously-sized car carrying luxury and tech features.

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Renault Latitude debuts in Moscow