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News watch October 2012: today's industry news
Wed, 31 Oct 2012Welcome 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.
Hyundai i20 and ix55 (2008) first pictures
Wed, 03 Sep 2008By Ben Pulman First Official Pictures 03 September 2008 11:21 This is Hyundai’s i20, the Korean company’s replacement for the Getz supermini. The new i20 will debut at the Paris motor show in October 2008, along with a plethora of low-emissions concepts and a new seven-seat 4x4. Sitting on an all-new platform with a wheelbase longer than the existing Getz, the i20 is Hyundai’s Ford Fiesta rival.
Citroen DS5 (2011) first official pictures
Mon, 18 Apr 2011This is the Citroen DS5, the third addition to Citroen’s 21st century DS-badged range. Set to be unveiled at the 2011 Shanghai motor show tomorrow, this crossover is the Citroen DS5 White Pearl, a tag that designates that a few of the exterior and interior detailings are just for show. However, what you see before you is essentially the same DS5 that will go on sale in the UK at the end of 2011. So what exactly is the new Citroen DS5?
