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News watch July 2010: today's auto industry news
Sun, 25 Jul 2010Welcome 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.
Porsche CEO likely to bow to pressure to leave, report says
Wed, 22 Jul 2009Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.
Nissan Leaf wins Car of the Year in Japan
Mon, 05 Dec 2011The Nissan Leaf electric car has won Japan's Car of the Year award. It's the first time in the award's history that the honor has gone to an electric car. The Leaf was praised for its high-performance electric motor, quietness, ride comfort and handling stability.

