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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.

BMW i8 Spyder: Official

BMW i8 Spyder The BMW i8 Spyder – BMW’s open-top version of their i8 eco supercar – has been revealed ahead of a debut at the Beijing Motor Show later in April. Yesterday we had the first leaked picture of the BMW i8 Spyder, the next stage on BMW’s eco supercar journey, and the news the open top i8 was heading for the Beijing Motor Show. So BMW has decided to jump in with the official reveal of the i8 Spyder which gives us more than a couple of photos of the i8 to look through, although not much more in the way of detail than we surmised yesterday.

Skoda Fabia

Skoda gave us its first indication of the new Fabia's design direction at the Geneva show earlier this year. There, its new city car's lines were upscaled to fit the VisionC coupé concept, memorable as much for its nuclear green paint job as its sharpened surfaces. As a result, the third-generation Fabia's design springs few surprises.