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Renault to preview future design strategy with Ross Lovegrove

Renault will unveil a new concept car that will underline its future design direction at next month's Triennale of Milan. The carmaker, which has released a set of teaser images, has worked alongside designer Ross Lovegrove's Lovegrove Studio to explore fresh design languages. Lovegrove is known for his organically inspired designs and this concept will continue that theme, examining nature and its systems to raise "awareness and understanding of those phenomena and their current impact".

News watch June 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 Wednesday 30 June 2010• Tesla shares have rocketed 40% on their first day of trading; the company went public this week with the first IPO of an American car company since Ford in the 1950s (BBC News)• GM may sell off its interests in finance arm GMAC and parts supplier Delphi as it seeks to write down its debts (Financial Times)• A Federal judge has approved the $20m sale of a former GM plant in Wilmington to Fisker Automotive; Fisker hopes to build 100,000 cars a year once production hits a peak after launch in 2012. It is using a $529m government loan to fund its launch (Detroit News)Tuesday 29 June 2010• UK business secretary Vince Cable has warned that the car industry is no longer in an emergency – and cannot expect direct government support.

80hp Caterham Seven 160 details revealed

Caterham has launched its new Seven 160 – an 80hp entry-level variant of its back-to-basics sports car available that’s available now from £14,995. That’s in kit form: if you’re not keen to build it yourself you’ll have to stretch to £17,995, which still offers a decent fun/money ratio thanks to its kerb weight of less than 500kg: that equates to 160hp-per-tonne. Caterham Seven 165 prototype stars at the 2013 Frankfurt Motor Show Suzuki power for new entry-level Caterham Power comes from a turbocharged 660cc three-cylinder Suzuki engine which propels the car to 60 in 6.5 seconds and on to a top speed of 100mph.