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BMW introduces diesel 2015 X3 before Chicago Auto Show

BMW's successful X3 SUV is getting new features for 2015, the company said on Wednesday before the Chicago Auto Show. For the first time in the U.S., a diesel engine will be offered on the midsized 'ute, as will a lower-cost rear-wheel drive model. The BMW X3 xDrive28d -- quite a mouthful -- will deliver 180 hp and a robust 280 lb-ft of torque using a 2.0-liter, TwinPower turbo diesel engine.

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.

US DoT makes rear-view cameras compulsory

The US Department of Transportation (DoT) has issued a new safety standard for rear visibility that requires mandatory fitment of rear-view cameras. The ruling applies to all new vehicles, excluding motorcycles, weighing under 10,000 pounds (4,536kg) sold from 2018. The ruling has been introduced to cut backover crashes, caused when the victim strays into the blind zone 10-40 feet (3-12m) behind the vehicle that the driver can't see using their mirrors alone.