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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.

2012 Mercedes A-Class: The Concept-A Videos

Mercedes Concept-A Video We had the first proper details on the Mercedes Concept-A earlier this week, which points the way – as a slightly tamed-down version – to the 2012 Mercedes A-Class. That Mercedes A Class will not just arrive as a hatch but will – in cojunction with the new Mercedes B-Class that will also utilise Mercedes new MFA platform – spawn models as diverse as a shooting brake, crossover, coupe and cabriolet. It seems – with all the derivatives that appear to be planned – that Mercedes are looking to out-MINI MINI in the variations on a theme game.

Concept Car of the Week: Alfa Romeo BAT 7

This week sees the Concept of the Week title go to Alfa Romeo and Bertone for their collaboration on the Alfa Romeo BAT 7, the second addition to the BAT series that began in 1953 and finished in 1955. First seen at the 1954 Turin motor show, this wildly futuristic ‘dream' car came about after Alfa Romeo contacted Giuseppe "Nuccio" Bertone of the Bertone carrozeria to commission three concepts with the lowest possible drag coefficient. The cars were named BAT for "Berlinetta Aerodinamica Tecnica." Built upon the Alfa Romeo 1900 chassis, the BAT cars featured large rear bumpers and curved fins, and the concepts achieved a drag coefficient of just 0.19 - an impressive result.