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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 Ford Technical Support Center focused on motorsports

Ford is opening a new technical and racing support center in Concord, N.C. The compound will be fully operational this summer, supporting racing teams as they develop and test their cars. The 33,000-square-foot building will eventually help in development of future Ford performance vehicles.

Coventry University MA Design Degree Show 2004

MA students from England's Coventry University Automotive Design course presented their annual degree exhibition last September in a brand-new facility. The Show, entitled 'Move', displayed the 21 students work in the new Coventry Transport Museum, situated in the recently redeveloped heart of the city. An industry seminar was also hosted on the opening evening with a keynote speech by Kevin Rice, Design Manager, BMW 1-Series, and with event sponsorship by Corus.