Renault

French carmaker Renault posted a 6.7% decline in first-half vehicle sales amid a global auto slowdown, but said a forthcoming product offensive would begin to help soften the blow in key markets. The slump was outpaced by a 7.1 percent global market contraction, it added. The sales announcement comes amid gathering gloom for the global auto industry, with major markets in decline and trade barriers looming.

Police are searching Renault's corporate headquarters in Boulogne-Billancourt, which a judicial source said was related to an ongoing investigation into ex-Renault boss Carlos Ghosn and his use of Versailles for his 2016 wedding party. L'Express magazine reported earlier on Wednesday that the search was being carried out in relation to Ghosn, who faces charges of misconduct.

It sounds like those around him thought it was a bad idea.

Also calls for vigilance that Ghosn's rights are respected in Japan.

Fleets of driverless cars will launch in Japan and France.

"I'd like President Trump to speak to Prime Minister Abe about fair conditions."

But only if "it led to a more solid alliance between the two great car manufacturers."

Plus Mini Cooper JCW Knights Edition, Ian Callum's resignation and the latest in FCA-Renault news.

'The other companies made the mistake of underestimating Nissan's determination to say no'

Analysts wonder if merger talks between FCA and PSA could be sparked.

Source says this wasn't Nissan's fault — Paris wanted out.

France wanted more time to persuade Nissan, so Fiat Chrysler walked.

Board will meet again Wednesday; Nissan, meanwhile, floats a different idea.

The deal has now moved to Renault's board of directors for review.

FCA would not automatically have the right to use Nissan technology.

If approved, the combined company would be headquartered near Paris.

The former Nissan chairman is prevented from seeing or speaking to his wife.

Plus a Ferrari PHEV, new Trailblazer, FCA-Renault merger and Audi RS5.

FCA would essentially become a 'client' of theirs.