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Nissan NV2500 concept

Nissan North America today unveiled the NV2500 concept at its Technical Center headquarters in Michigan. The van concept provides a preview of Nissan's entry into the North American commercial market in 2010. "The Nissan NV2500 is a rolling idea lab - bringing a new perspective to the commercial vehicle segment," said Bruce Campbell, vice president of design for Nissan Design America, which developed the concept.

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.

EPA calls for lower-sulfur gasoline

The EPA proposed a package of rules Friday that includes cleaner gasoline and stricter limits on pollution from the tailpipes of cars, despite objections from the oil industry. The rules, known as Tier 3, have been supported by car companies because they would bring U.S. standards into alignment with those of California, where gasoline must have a lower sulfur content to help reduce tailpipe emissions.