Shakespeare Stainless Steel Antenna Mount 1" Diameter No. 4365 on 2040-parts.com

Mitsubishi bringing i MiEV Sport Air concept to Geneva

Mitsubishi will show another iteration of its sporty micro-size electric car with the debut of the i MiEV Sport Air concept at the Geneva motor show in March. Building on the i MiEV Sport, which we first saw at the Tokyo motor show in 2007, Mitsubishi adds a clear removable roof and slight alterations to the front fascia. A lithium-ion battery powers three magnetic synchronous motors--one in each front wheel and one to drive both rear wheels--with an all-wheel control system managing stability and traction control, and ABS for optimal stability and performance.

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.

Classic Lamborghini video surfaces

The Lamborghini of today is a far cry from the Lamborghini of old. Starting life as a tractor maker, Lamborghini cars came in to being when Ferruccio Lamborghini complained to Enzo Ferrari about the clutch on his new Ferarri. The dismissive response was that “the fault is with the driver, not the car”, and so was born Ferruccio Lamborghini’s resolve to build a car to take on the might of Marenello from his factory in Sant’Agata (incidentally, when Lamborghini took apart the transmission in question, he discovered is was the same unit he was currently building in to his tractors!).