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Vauxhall Adam price from £11,255: Paris 2012

The Vauxhall Adam – Vauxhall and Opel’s MINI competitor – will start from £11,255 when it goes on sale in January 2013. And with prices announced from £11,255 it looks like the Adam may just have a fighting chance of taking a piece of the market dominated by MINI and the Fiat 500. Of course, GM are hoping that no one who goes in to a Vauxhall showroom will go out with a basic car – a vast array of style and customisation options are the order of the day with the Adam – but the headline starting point is a decent one.

Ford S-MAX Vignale Concept revealed

The Ford S-Max Vignale (pictured) arrives to top the S-Max range The arrival of the Ford Mondeo Vignale Concept last year made it clear Ford were ready to do a 21st century version of the ‘Ghia’ badge engineering to create a range-topping sub-brand with the Vignale badge with all the whistles and bells on it. Today’s arrival of the Ford S-MAX Vignale Concept reinforces that conclusion. Just like the Mondeo Vignale, the S-Max Vignale comes with plenty of upmarket materials and toys, like 21″ alloys, chrome mirror caps, Vignale Grill, embossed leather with quilting, tablet docking and a Milano Grigio paint job.

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.