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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.
Aston Martin V12 Zagato rolled out for the Concorso d'Eleganza Villa d'Este
Fri, 20 May 2011Aston Martin has rekindled its association with famed Italian design house and coachbuilder Zagato on a rebodied and re-engineered version the V12 Vantage. Set to be one of the stars of this weekend's Concorso d'Eleganza Villa d'Este on the shores of Lake Como in Italy, the Aston Martin V12 Zagato commemorates the 50th anniversary of Aston Martin's first collaboration with Zagato, the DB4GT Zagato. Like that car, the Zagato V12 is planned to be sold in limited numbers, both in road-going form and as a race car--the latter of which is set to make its debut at the N
Design Contest: 2007 World Automotive Design Competition winners announced
Fri, 16 Mar 2007The winners of the 2007 World Automotive Design Competition (WADC), sponsored by Autodesk, were announced at the 2007 Canadian International Auto Show in February. The competition was relaunched in 2007 with a few new twists created to meet the needs of the global automotive industry. The fifth WADC strived to provide manufacturers worldwide with a source of new automotive design talent and to encourage design students, and especially women, to choose a career in automotive design.