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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.

2011 Chevrolet Camaro discovers more power--now it has 312 hp

Chevrolet has found an additional 8 hp for V6 versions of the 2011 Camaro, power that likely has been there all along. The direct-injection 3.6-liter engine with VVT is now rated at 312 hp, up from last year’s 304 hp. Chevy didn’t actually do anything to the engine.

Fifth Gear Tonight: Pagani Huayra, Bowler EXR, Porsche 911 Cab vs Audi R8 Spyder

The 2nd episode of the new series of Fifth Gear is on tonight with Plato in the Pagani Huayra, Vicky B-H in the Bowler EXR & Tiff with the Audi R8 Spyder & Porsche 911 Cabriolet. Last week we ran a preview of the first episode of the new series of Fifth Gear, and as that was widely read you obviously appreciated the heads-up. So rinse and repeat is the order of the day with news of the second episode of Fifth Gear tonight.