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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.

Caterham Seven (2006): first official pictures

By Ollie Compton First Official Pictures 24 October 2006 12:47 Caterham Seven: the lowdown Caterham has kicked out the K-series, replacing it with a tuned 1.6-litre Ford engine for the next generation Seven sports car. The Sigma engine – used in the Fiesta and Focus – is available with two outputs: 125bhp in the Roadsport (pictured), or 140bhp in Superlight trim. A third engine with around 160bhp will follow in spring 2007.

Toyota RAV4 EV: Electric Toyota SUV not for sale

Toyota RAV4 EV - Not for Sale Note: Update to this story at the end. When we reported back in 2010 that there were plans afoot for an electric Toyota RAV4 (and a Lexus RX EV too, for that matter) it made sense. Toyota had just spent £35 million on a pile of Tesla shares, and done a deal for Tesla to use an old Toyota plant in Fremont which was about fifty times the size Tesla could ever need.