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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.

Mercedes SLS AMG Gullwing Electric – Official

Mercedes has confirmed they are planning an SLS AMG eDrive for 2015 As we suggested the other day, it looks like this will be known as the Mercedes SLS AMG eDrive. It will feature an in-board electric motor for each wheel, generating the equivalent of  526bhp, which should give the SLS eDrive similar performance to its conventionally driven sibling. By putting a motor at each corner, Mercedes are effectively endowing the SLS eDrive with an intelligent four wheel drive system.

Top 5 hatches of the 2014 Geneva motor show

By Ollie Kew First Official Pictures 05 March 2014 11:00 There’s a wildly diverse crop of new hatches at the 2014 Geneva motor show: a rear-drive city car, a firecracker of a crossover, new concept cars and even a lap time world record holder. Here are CAR’s Top 5 hatches of the 2014 Geneva show – and the customary dishonourable mention… The Mazda Hazumi concept is essentially what the new Mazda2 will look like when it hits showrooms – and it’s set to give the mainstream makes a proper fight. Mazda isn’t just on a styling roll of late – even the Mazda3 and Mazda6 are arguably the most handsome cars in their respective classes – but are building cars that are sensibly priced, affordable-to-run and damn good fun to drive.