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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.

Alfa Romeo Giulietta facelifted for the 2013 Frankfurt Motor Show

Alfa Romeo today only sells two regular cars, the MiTo and Giulietta. The family hatchback Giulietta is its most profitable – and also its best – and so to ensure it still has at least some appeal alongside the Volkswagen Golf and Ford Focus that outclass it, Alfa has facelifted it for the 2014 model year. It’s a very discreet and low-effort facelift, but the firm still hopes it’s just enough to keep the family five-door ticking over.

Proton Gen-2 facelift (2008): first photos

By Tim Pollard First Official Pictures 10 July 2008 06:49 Proton has published the first details of its revised Gen-2 small car. It's not the most radical of facelifts, but the Gen-2 gains new exterior detailing including front and rear skirts, a new rear spoiler, redesigned alloy wheels, bumper and grille, plus distinctive, smoke-blacked headlamps. Inside, Proton spotters will recognise fresh red trim splattered around the cabin, a redesigned dashboard and handbrake (thank goodness – the last one pinched your fingers on occasion).