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News watch Feb 2010: today's auto industry news

Tuesday 2 February 2010• Spyker has outlined its plans for Saab, which include a new 'all Saab' 9-3 to be launched in 2012. Read the full story here (Saab)• EuroNCAP has named the VW Golf as 'Safest Car of 2009' after ranking all the 33 models it crashed last year (Volkswagen) • Toyota's massive recall to fix fault accelerator pedals could cost the company £1.25bn in lost output and sales (BBC)• Ford will unveil an Edge SUV at next week's Chicago auto show with a turbocharged four-cylinder Ecoboost engine, but the extensive visual mid-life facelift has been made economically possible thanks to Ford's worldwide consolidation of its model ranges (Detroit News) • Toyota has denied that it ignored warnings and acted slowly over reports of unintended acceleration in its vehicles (Detroit News) Monday 1 February 2010• Lotus's vehicle engineering director Roger Becker announced his retirement today. Becker, 64, joined Lotus in 1966, worked alongside Colin Chapman and helped develop every single model since (Group Lotus)• Tata Motors' total sales last month hit 65,478 vehicles – a rise of 77% over January 2009.

Camaro convertible to pace Indy 500

The 2011 Chevrolet Camaro SS convertible will serve as the official pace car for the 100th Indianapolis 500. This is the 22nd Chevrolet and the seventh Camaro to pace the Indy 500. The special-edition car goes to auction at Barrett-Jackson in Scottsdale, Ariz., on Jan.

MG announces £99 per month MG3 finance packages

MG HAS announced that the new MG3 will be available from £99 per month, regardless of trim level chosen. Fully flexible PCP finance will allow buyers to choose to pay a deposit of their choice – even zero deposit – and spread the resulting costs out over three years. To secure the £99 per month payments, buyers of the entry-level £8,399 3Time model will have to place a £2,605 deposit.