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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.

London 'black' cabs exported to Australia

THE LONDON cab is to make an appearance Down Under - but coloured white rather than the traditional black. The London Taxi Company has exported a test sample of 98 second-hand TX4 taxis to the Western Australian city of Perth where they will under go trials over the next few weeks. It has been thought fit to paint the cabs white to take account of the perpetual Perth sunshine.

Toyota Hydrogen Fuel Cell on sale by 2015 at €100k

The 2003 Toyota Fine S Hydrogen FCEV Toyota has done a great job of turning the car buying public on to alternative powertrains with it Hybrid setup in the Prius, and now it plans to go the same route with a hydrogen-powered production Toyota. Despite Toyota’s headline commitment to hybrid cars, it has been beavering away for a long time with fuel cell technology for its cars. The photo at the top is of the 2003 Toyota Fine-S Concept which was developed to test the fledgeling hydrogen fuel cell setup, and Toyota were running fuel cell cars in Japan and California at this time too, although not, as far as we know, the Fine S.