Garmin Gtx327 Transponder, Part No. 011-00490-00, With Tray And Connector on 2040-parts.com

News watch July 2010: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 30 July 2010• Renault has reported a net income of €823 million – with an operating margin of 4% and sales up 22% globally. Its worldwide market share now stands a whisker up at 3.8% (Renault)• La Regie said its business was performing much better than during the same period last year, when the recession bit into its profits.

Caparo T1 has 150mph accident

By Tim Pollard Motor Industry 10 October 2007 02:11 Fifth Gear presenter and Touring Car driver Jason Plato has been hospitalised after the Caparo he was testing burst into flames at 150mph. The T1 was being filmed for the TV show at Bruntingthorpe Proving Ground in Leicestershire, UK, on Monday when it 'burst into flames at an estimated 150mph'. Plato received burns to his hands, face and neck, and was treated at hospital before being released overnight.

Pfadt Race Engineering Cadillac ATS hits 162.5 at Texas Mile

Pfadt Race Engineering is claiming it has the world's fastest Cadillac ATS after clocking 162.5 mph in the standing mile at the latest Texas Mile event in Beeville. Pfadt used the turbocharged four-cylinder ATS as a starting point and upgraded the turbo, intercooler, suspension and exhaust. Pfadt says the engine improvements are responsible for adding more than 100 extra hp in the lightweight luxury sedan, which starts with 272 hp.