The board of car manufacturer Renault is meeting to settle ex-chairman and CEO Carlos Ghosn's final pay cheque and wrap up its investigation into possible financial wrongdoing under his leadership.

The board of French carmaker Renault has named two new leaders to replace industry veteran Carlos Ghosn, who resigned after weeks of detention in Japan.

General Motors has lost money in Europe every year since 1999. After three years at the helm, chief executive Mary Barra has had enough.

Ford is joining with Daimler and Renault-Nissan to speed development of cars that run on hydrogen, with hopes of bringing a vehicle to market in as little as four years.

The Government has announced a €5,000 incentive for electric vehicles, with 3,500 charge points to be rolled out by the ESB.

IRISH motorists could see the country’s first electric car-charging points next year as the Government progresses its plan to make the country a pioneer in the field of electric vehicles.

MOTORISTS should be able to power up electric cars from public charging points in most major towns and cities within a year, the ESB announced yesterday.

Renault-Nissan today signed a preliminary agreement with the Moroccan government to build a manufacturing complex in northern Morocco with a capacity of 400,000 cars a year.