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McLaren announces markets for MP4-12C

McLaren announced 35 markets where it will sell the Formula-One-inspired MP4-12C on Friday, including New York, Chicago, Los Angeles and Toronto. Ten markets in the North America will sell the ultra-light, high-performance sports car starting in the spring of 2011. Other global markets include London, Monaco, Paris, Frankfurt, Kuwait and Johannesburg.

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.

Peugeot Onyx Hybrid Supercar: Official

The Peugeot Onyx Concept – a hybrid supercar concept – is heading for Paris 2012 and we now have more details. On Monday, we got the first news of the Peugeot Onyx Supercar concept that is heading for the 2012 Paris Motor show and designed to show that Peugeot are a long way from down and out. The first news of the Onyx was a teaser photo of it in Peugeot’s Facebook page, but a bit of digging a round on French cars sites yielded some additional information – and the Onyx name – and we subsequently updated that story with more photos of the Onyx.