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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.

2012 Aston Martin V8 Vantage range gets an overhaul

The 2012 Aston Martin Vantage gets a tweak The Aston Martin V8 Vantage range gets an engineering and cosmetic facelift for 2012. Starts at £84,995. It’s all but impossible for Aston Martin to come up with a new mainstream model, so all they can do is nip, tuck and tweak their existing cars in the hope that the market continues to smile favourably on their offerings.

Get a classic car restoration scholarship

Hagerty recently announced it has teamed-up with LeMay–America’s Car Museum to help develop a new program focusing on education on vehicle restoration. This hands-on learning program has been dubbed the “Hagerty Education Program at America’s Car Museum,” and will provide scholarships as well as educational grants to students who are eager and committed to the collector-vehicle industry. Hagerty wants to carry on the success of the former Collectors Foundation, originally introduced in 2005, to continue to educate young people between the ages of 14-25 on the inner workings of the automotive preservation and restoration process.