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News watch April 2011: today's auto industry news

Come 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-hourFriday 28 April 2011• Due to UK royal wedding national public holidays, CAR Online news coverage will be reduced until CAR reopens on Tuesday 3 May (CAR)• The Saab financial situation continues to develop. Both the Swedish National Debt Office and General Motors are said to have given their approval for the proposed lease-back sale of Saab property to investor Vladimir Antonov.

Dongfeng Aeolus A60

Dongfeng Aeolus A60 is set to go on sale in the Chinese market this month for the first time. The car, which uses the platform of the Dongfeng Nissan Bluebird Sylphy, features large headlamps that flank the chrome-topped front grille, creating a DRG reminiscent of its predecessor, the Aeolus A30 as well as some European and American sedans. A rising beltline runs from front to rear, lengthening the appearance of the car and addin a more dynamic character to waht is a very conventinal three-box sedan.

Sergio bows at Pininfarina Tribute Rally

Pininfarina showed its Sergio barchetta concept at an event in the UK last week where the main aim was to set a record for the largest number of Pininfarina cars gathered in a single location. As Autoweek went to press, the total was nudging towards 200, an early audit of the delectable selection of machinery arranged on the lawns around Hurtwood Park Polo Club suggesting at least 180 cars with more still to report. “We're hoping to get over the magic 200, but will have to wait and see,” said Gary John on behalf of the organizers, Brokersclub.