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Hamilton takes pole in F1 Spanish Grand Prix – and then loses it.

Hamilton takes pole in Spain - but starts at the back of the grid Lewis Hamilton has taken pole at the 2012 Spanish Grand Prix but will have to start at the back of the grid after running out of fuel. It was an interesting qualifying for the 2012 Spanish Grand Prix in Barcelona, with McLaren’s Lewis Hamilton taking pole position from the Williams of Pastor Maldonado. But it was all for nought for the McLaren.

News watch October 2012: today's 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-hou Wednesday 31 October 2012• It's emerged GM's European 2012 earnings are down nearly half a billion dollars in Europe, where it now expects to lose $1.5bn to $1.8bn before interest and taxes for the full year (DetNews)• Ford has posted a third-quarter net profit of $1.63bn (£101bn) - almost matching its eventual profit total for the entire year 2011. Despite painful losses in Europe (Ford expects to lose $1bn in Europe alone this year) a resurgent North American market has buoyed Fords sales even higher than previous forecasts (Automotive News Europe)• Fiat CEO Sergio Marchionne has weighed in against Republican presedential nominee Mitt Romney, who argued that a move towards Chinese production would harm American jobs.

Vauxhall VXR8 & SMART for-two CDI take MPG Marathon honours

Vauxhall VXR8 & SMART for-two CDI take MPG Marathon honours On the face of it, it’s reasonable to expect a car as small as the SMART for-two CDI to be capable of astonishing economy if driven in a certain way. And the ALD Automotive / Shell FuelSave MPG Marathon, run last week near Cirencester, proved exactly that, with a SMART driven by Mick Linford and co-driver Ella Flynn managing to use less than four gallons of diesel to cover the 370 mile route. That means the SMART fortwo CDI averaged 99.24mpg on the route on real roads, an improvement of 16 per cent on the official combined figure of 85.6.