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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.

Fabrizio Giugiaro conferred honorary doctorate

Fabrizio Giugiaro, Co-Chairman and Styling Director of Italdesign Giugiaro, has been given an honorary Doctorate by the Georgian Technical University (GTU) for his achievements in the fields of architecture and the technology and design of the automobile as well as his support in the creation and promotion of the institution's International School of design. During the ceremony, held on 15 March in the Georgian city of Tbilisi, Dean, Prof. Dr.

Car design: a reader laments current styling trends

No Sonny, They Don’t Make ‘Em Like They Did In My Day Actually, back then, if they could be bothered to make them at all, they hardly ever made them properly, and much of what got made properly wasn’t worth the bother. So that’s nostalgia for you. But a post a while back from the clear-sighted Wittgenfrog echoed my own thoughts.