Ford E8te-9b289-aa Diverter Valve on 2040-parts.com

Video: Volvo designers offer an insight into inspiration

A film crew has visited Volvo's Gothenberg design studios to meet two of its design team and find out what makes them tick. Exterior designer Peter Reuterberg and Interior designer Axel Ernstsson are filmed both in the classically Scandinavian studio and strolling in slow motion through a typically-Swedish snowy landscape. Ok, it may be a little cheesy, but it certainly rams home the company's nationality.

Concept Car of the Week: Volvo Tundra (1979)

With Volvo beginning a new chapter in its design history with the Concept Coupé, it's interesting to look back at another Volvo coupé concept from 1979 – the Tundra. At the time, the Swedish manufacturer built large and relatively pricey cars that were neither really luxurious nor real 'people cars'. The 340 series began the brand's expansion towards more affordable models and proved to be very successful worldwide.

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.