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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.

Cyclists urged to make themselves visible

CYCLISTS have been warned to take precautions to make themselves easier to see, in time for the darker evenings of winter time. The clocks are set to wind back by an hour this Sunday, bringing darkness down on homeward commutes and making collisions involving cyclists statistically more likely. A survey of 1,000 cyclists, carried out by Autoglass, found that 48% had been caught without lights or high-visibility clothing when the clocks go back.

Jeremy Lin's new workout partner: the Volvo XC60

Remember Jeremy Lin? For a while, he was kind of a big deal. Then he got traded to the Houston Rockets, and he's been, uh, doing alright, we guess.