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Audi A3 E-tron coming to select U.S. markets

Audi confirmed on Monday that it will begin a pilot program for the battery-electric A3 E-tron in the United States. The announcement was made at the 2012 Technology, Entertainment and Design conference in Long Beach, Calif. The A3 E-tron is based on the successful Audi A3 hatchback.

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.

Mazda MX-5 GT Concept (2012) first official pictures

Mazda's Goodwood Festival of Speed stand will be headlined by the MX-5 GT Concept - an uprated road-legal special, producing 205bhp. Showcased by Mazda in order to gauge public reaction to a track day-friendly MX-5, it'll be joined on the stand by the Takeri concept and new CX-5 crossover. What's so special about the Mazda MX-5 GT Concept?