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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.

Ford drives the Peel P50 in to the new Transit – and turns it around

The Peel P50 drives in to the new Ford Transit The new Ford Transit offers lots of room for ‘Stuff’, something Ford decided to demonstrate by enlisting the world’s smallest car to demonstrate. It may be simply a take on Jeremy Clarkson’s games with the Peel in and around the BBC Television Centre – and you don’t get John Humphries driving the Peel or Fiona Bruce (and her bottom) pushing it back out – but you do get a good idea of just how big the new Transit is. We’re not entirely sure that turning the Peel around in the Transit – and yes, this Peel is fitted with a reverse gear, unlike Clarkson’s – demonstrates the Transit is any bigger than just driving in and driving out would, but the endless faffing to achieve an about turn is an excuse to use some Benny Hill-esque music to pass the time.

Mercedes Benz CLK-GTR – the Unique RHD versions

The unique RHD Mercedes Benz CLK-GTR The CLK-GTR is a by-product of Mercedes’ involvement in the FIA GT1 class in the late ’90s. A condition of entry for cars was that road-going versions had to be made, so Mercedes (along with Porsche, who built the even rarer Porsche 911 GT1 to compete in the series) bit the bullet and produced a very limited run of the GTR. Despite a passing resemblance to a CLK, the only parts that were actually CLK were the grill and the dash housing.