A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.
AIX-EN-PROVENCE, France, July 5 (UPI) -- Renault, in response to soaring gas prices, plans to mass-produce electric cars, the French automaker's chief executive said Saturday.
Renault CEO Ghosn said the auto maker is getting ready to mass produce electric cars to offset rising energy prices.
A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.
British GP: Qualifying notes - Renault
AIX-EN-PROVENCE, France (Reuters) - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.
Reuters - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.
McLaren found themselves staring at an open goal in qualifying at Silverstone but it was Heikki Kovalainen who took pole position as Lewis Hamilton slumped to fourth after a mistake. Joining Kovalainen on the front row is not a Ferrari but a Red Bull - Mark Webber driving an excellent lap to take second.
Not many people get the chance to get their hands on genuine F1 goodies, so motor racing fans will be thrilled to learn that Oxfam and Renault's formula one team have joined forces for an incredible lot of ace gear,.
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