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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.

New Nissan Qashqai to be designed & built in the UK

Nissan Qashqai - 1,000,000 already built in Sunderland The Nissan Qashqai created the crossover niche almost single-handedly, and has gone on to be Nissan’s best-selling model. Now in its facelifted iteration, the Qashqai has been a huge money-spinner for Nissan. Fortunately for UK PLC, the Nissan Qashqai is built in the UK – in Nissan’s Sunderland plant – where a million Qashqais have been built, with 80% going for export.

BMW 328 Hommage makes first U.S. appearance at Pebble Beach

BMW's celebration of the 75th anniversary of the BMW 328 continued Friday at the Legends of the Autobahn car show in Carmel, Calif., with the North American debut of the BMW 328 Hommage Concept. The car will also be on display at the Rolex Monterey Motorsports Reunion on Saturday and at the Pebble Beach Concours d'Elegance on Sunday. The 328 Homage concept was created in honor of the 75th anniversary of the BMW 328.