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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.

New Porsche 911 GT3 (991) technical highlights (video)

Ahead of its arrival with customers, Porsche has delivered a new video of the GT3 designed to make it clear just how some of its technical highlights work to make the GT3 swifter and more nimble than ever before. Power is of course the key to the GT3 – 468bhp and 324lb/ft of torque – but the power is no good unless the GT3 can put that power down as efficiently as possible in all circumstances. Porsche assert that the GT3′s chassis is engineered for Motorsport, and key elements of the new GT3 make it even more able.

New Honda NSX

By Tim Pollard Motor Industry 20 December 2006 09:38 You're looking at the long-awaited successor to Honda's NSX. After years of on-off speculation, we will finally see the new supercar in thinly veiled concept guise next month. The company says this low-slung coupe 'provides a glimpse of the next-generation Acura exotic sports car' - but insiders openly talk of this being the new NSX.