Commerce confirmation email

Hi,

How do I change that text lines inside the confirmation email that is autmatically sent to the customers buying subscriptions through my ecommerce store?

I have noticed that the confirmation email doesn't say anything about that the order is set up as automatic renewal. Don't you think it should? It just says " Your payment has been received and approved." and when the buyer click the red button "view order" it doesn't say anything about renewal there either. 

Stig