Isc Racers Tape Isc Extreme-duty Racer's Tape: 2 In. X 30 Yds. (red) on 2040-parts.com

News watch July 2012: 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 Tuesday 31 July 2012•Porsche SE recorded a first half profit of €1.15bn, in comparison with €149m for the same period in 2011. The enormous jump has come not from directly selling cars, but from the group's investments in Porsche Zwischenholding GmbH and Volkswagen AG (Porsche SE)•Reuters suggests Germany's car market is in recession, but few outside the industry would know it, thanks to a controversial sales practice that inflates official statistics and paints a flattering picture of demand.

Toyota Auris revised and Icon Plus trim added – price from £14,495

The 2014 Toyota Auris (pictured) gets a bit of a makeover Toyota has decided it’s time to make a few tweaks to the Auris – nearly 2 years on from its debut –  so both the Hatch and Estate are getting changes, the hybrid version gets more trim options and there’s a new trim level – Auris Icon Plus. The Auris Icon Plus comes with a new set of 16″ alloys, privacy glass, folding electric door mirrors and the option of a new Tungsten Blue Metallic. Inside, the Icon Plus gets heated front sports seats, the new Toyota Touch 2 with SatNav and cruise control (but only on the petrol and hybrid versions.

Pagani Huayra (2011): first news of Pagani's C9

This is the new Pagani Huayra - the new Pagani supercar previously codenamed C9. The Huayra is the Italian maker's replacement to the Zonda V12 and will make its official show debut at the 2011 Geneva motor show. The Pagani Huayra is named after a mythical god in the Andes responsible for winds, blizzards and hurricanes.