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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.

Tesla Model S: First customer cars in June

Tesla Model S - deliveries start in June Tesla Motors will deliver the first customer Tesla Model S cars to customer in the US in June as Tesla finally hits the make or break point. The Tesla Model S has been a long time coming, but Tesla now say that the first Model S cars will start to arrive with customers in the US in June, slightly ahead of schedule – which must be a first for Tesla. The first 1,000 deliveries will be of the range-topping Signature Series cars which come with the big 85kWh battery pack and lots of toys and cosmetic embellishments, but after that it’s regular Model S deliveries, although the cheaper versions with smaller battery packs and lower range won’t arrive until later.

Honda Civic concept

Detroit saw Honda debut two variants of its next generation Civic. Set to make their debuts in the North American market in the spring, the cars sport tighter, more aggressive styling with 'clean-yet-powerful' lines, according to the Japanese automaker. Taking inspiration from its sibling, the Accord Coupe, the Civic Coupe will retain the familiar silhouette of the outgoing model, with a refreshed bumper treatment and more aggressive character lines around the car.