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News watch October 2010: today's auto 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-hour Friday 29 October 2010• Spyker has announced third-quarter losses have increased since its takeover of Saab. Spyker lost £35 million in 2010, compared to £3.6 million last year (BBC News)• GM will repay $2.1 billion of the Obama government's preferred stocks.

Tokyo Motor Show 2013: The Debutants

This year we've seen some great concepts and production models debut at shows across the world, but as the days get shorter and the nights get colder, it's a signal the year is nearly at an end. For CDN, a typically hectic event schedule is concluded with a trip to Tokyo for the forty-third edition of its annual show. Ahead of its opening, the carmakers have begun to announce what we can expect to see sitting pride of place on their stands.

Hyundai Performance Brand by 2015

The next gen Hyundai i20 will be the first performance Hyundai One Hyundai had made the tricky transition from budget to credible, there were only two routes open for progress – luxury and performance. The luxury route still looks like it will happen in the UK, with the next generation Hyundai Genesis Coupe heading our way, but we can also look forward to some proper performance cars from Hyundai too. That has been confirmed by Hyundai’s WRC boss, Michel Nandan, who told Australia’s Drive that all the money Hyundai is spending on Motorsport – including a new testing facility at the Nurburgring – is not just for the glow it will cast on Hyundai’s everyday cars, but for a new performance brand too.