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Kia Rio

Another car set to be unveiled at Geneva is the Kia Rio. Debuting alongside the Picanto, the Rio's new look brings it inline with the rest of the Kia family. The B segment car has grown in all directions and sports a longer wheelbase, whilst sitting around 15mm lower than the existing model.

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.

Mitsubishi Mirage, Concept PX-MiEV II (2011) news

Mitsubishi will show the Mirage city car and Concept PX-MiEV II concept cars at the 2011 Tokyo motor show, which opens on 30 November. Both are world premieres. It's our first look at Mitsubishi's new city car in production trim and a concept car which clearly points to 2012's new Outlander.