1929 Buick Cowl Light - B339 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.

Michelin Challenge Design 2013 competition deadline next Friday

The Michelin Challenge Design 2013 competition deadline is fast approaching – you only have until 1 June to submit your designs. The theme of this year's competition is ‘HALF! Lightweight with a Passion', with entrants being asked to explore lightweight vehicle development by designing a family vehicle for four to six people.  The design has to adhere to consumers' safety and comfort needs as well as usability on current road infrastructure and production feasibility using modern technology, materials, powertrain solutions or manufacturing solutions.

New 2014 Range Rover Sport testing in Mojave Desert (video)

We have video of the new 2014 Range Rover Sport out testing in the Mojave Desert ahead of a likely reveal at Frankfurt 2013. It’s been six months since we last had spy video of the 2014 Range Rover Sport out testing, and now it’s been caught again in the U.S. as Land Rover continue to work on making the new Range Rover Sport the car it should always have been.