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News watch Sept 2012: 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-hourMonday 24 September 2012• Volkswagen has dropped its appeal in the brand infrigement case against former partner Suzuki. The spat dates back to 2004, when VW contested an approval allowing Suzuki to brand a variant of its Swift supermini as 'Swift GTi'.

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.

Lamborghini Jota spied testing

The Lamborghini Jota caught cold weather testing (via WCF - copyright CarPix) The Murcielago range of Lamborghinis is coming to the end of their shelf life and we have in store the replacement – The Lamborghini Jota - which will be with us in the next year or so. So it’s not a big surprise that Lamborghini have been out testing the new Jota in the Arctic Circle. As we can see from the spy shots, the Jota is going to be similar in size to the Murcielago (which is far too wide for comfort around town) but thanks to a new aluminium space frame will be an awful lot lighter than the Murcielago.