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European Car of The Year 2012 to be announced at Geneva

The European Car of the Year 2012 will be revealed at next month's Geneva motor show, drawn from a shortlist of seven cars. In the first stage of voting judges selected their seven favorite cars from a list of 35 candidates that were put on sale in Europe in 2011, with January seeing the declaration of the seven finalists. The second stage of voting will find the European Car of the Year 2012, with the winning car announced on 5 March at the Geneva motor show.

Joel Piaskowski becomes Director of Exterior Design at Ford North America

Joel Piaskowski is set to become Ford's North American Director of Exterior Design. He will be filling the position previously vacated by Moray Callum, who was promoted to Executive Director for Ford Americas design when Peter Horbury went back to head up Volvo's design efforts earlier this year. "I'm very much looking forward to working with the team at Ford," Piaskowski told Car Design News.

Tesla loses $38 million in third quarter

Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.