Germany's Luxury Brands Unaffected by Global Economy Slump

The auto industry hasn’t escaped the drama affecting the stock markets due to the US credit rating downgrade and the problems in the Eurozone. This month has been the worst ever since November 2008 for the Euro Stoxx Automobile and Parts Index as it lost €35 billion ($50 billion) or about 19%, of its value.

However, despite the slowing global economy, it is luxury carmakers like BMW, Mercedes-Benz and Audi rather than mass-market brands, like Fiat and Renault, that can withstand its effects better.

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Renault UK Expands Gordini Lineup with New Clio Models

Only a couple of weeks after the UK launch of the Gordini-badged Wind roadster, and Renault's flourishing Gordini line-up is expanding with the addition of two new versions of the Clio, priced from £14,000. Up until now, only the flagship 200bhp Clio RS could be had with the Gordini package.

The new Clio Gordini is offered in Britain with a three-door body style and a choice of two engines, a 1.6-liter VVT petrol delivering 128-horses for a 0-62 mph sprint time of 9.3 seconds and a combined fuel economy of 42.2 mpg UK, and a 1.5-liter dCi turbo diesel producing 106-horses that returns 62.8 mpg UK on the combined cycle.

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Renault Samsung Motors Rolls Out Flagship SM7, Releases New Photos and Video

The South Korean unit of Renault has come out with full details on its new SM7 flagship sedan a week before the car officially goes on sale in the country.

The French carmaker, which bought a 70% stake in Samsung Motors back in 2000 to spearhead the brand's expansion efforts in the developing Asian region, said the SM7 will have a "radical effect on the big saloon car market".

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Algerian Driver Won't Stop Even when the Police Officer Jumps on the Hood

What you’re about to see in our latest video find is one very stubborn and irresponsible driver and an equally persistent (but evidently responsible) police officer.

The incident purportedly takes place in rather congested area of Algeria when the driver of a white colored, older generation Renault Megane refuses to conform to the traffic officer's instructions.

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F1: Hungarian Grand Prix Results

It seems like someone was bound to get a present this Sunday at the Formula 1 Hungarian Grand Prix. But it wasn’t meant to be Fernando Alonso, who yesterday turned 30 and also raced for the 30th time with Ferrari. Read more »

First Official Photo of 2012 Renault Twingo Facelift

Renault has given the smallest model in its range, the Twingo minicar, a mid-life facelift to keep it alive and fresh until its replacement, which will be based on a brand-new rear-wheel drive platform shared with Smart's future four-seater model, arrives in the market.

The French car firm released a single photo of the faclifted Twingo that is scheduled to make its first public appearance at the upcoming Frankfurt auto show in September.

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