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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.

Geneva motor show: 2010 Saab 9-3x crossover debuts

At next month's Geneva motor show, Saab looks to provide a right-sized crossover with the introduction of the 2010 9-3X. Beginning with a 9-3 SportCombi wagon, Saab engineers raise ride height by 1.4 inches, add the XWD all-wheel-drive system that we first saw on the Turbo X and pump up the exterior styling. According to Saab, the 9-3X provides customers with the perfect alternative to large crossovers and SUVs, while offering respectable utility and off-road capabilities.

Day 2 at the International CES

If you have never seen a 110-inch, ultra-high-definition TV screen, where every molecule of digital delirium dances across the screen in pulses of pixelated promiscuity, well, you're really missing out. Samsung had one such monster screen at the corner of its booth, sporting 4000 pixels per square inch and the techno geeks swooned in front of it like the truly faithful in the front row of a Celine Dion concert at Caesars Palace. For our part, we sat transfixed before it more like the monkeys in 2001: A Space Odyssey.