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Remaking the Ford Mustang

By the time the next-generation Ford Mustang debuts in 2014, it will have worn a decidedly retro look for nearly a decade. From the styling to the chassis to the raw power, the pony car remains a throwback and a simple, true American pleasure. Expect that mantra to continue, but the execution will evolve, moving the Mustang forward into a broader, potentially global audience as it nears a half century of performance.

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.

One Lap of the Web: Packards -- Ask the man who knows way too much about one

-- For some light Wednesday reading, here's more information than you ever wanted to know about Packard. It includes the horrible neoclassics that plagued the 1970s, and the 1995 revival of the Packard name that attempted to stick a shortened rendition of the famous Packard grille in front of a 440-hp V12, all wrapped in a shape that looked like a melted Twix, as shown above. Our august associate editor Graham Kozak owns a Packard, so he could have filled us in on the details.