Honda Prelude 1998-up. Neuspeed Lowering Springs on 2040-parts.com

First Sight: Peugeot HX1 concept

This is Peugeot HX1 concept car, which will be launched at this year's Frankfurt motor show. With a longer wheelbase than the BMW 5 Series, but lower, wider and 50mm longer, it measures in at 4950mm long, 1950mm wide but stands only 1400mm tall. But it looks immense.

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.

Nissan Juke-R takes all comers in Dubai

Here's a little look into how fast the Nissan Juke-R really is. This grainy YouTube video was taken at a Nissan event in Dubai. The Juke-R was built by Nissan's United Kingdom contingent.