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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.

Lotus explosion: Elise, Esprit, Elan, Elite & Eterne (2010)

It’s only a few days since Lotus shocked us with details of the all-new Lotus Elite – a 5.0-litre supercharged V8 GT with a folding hardtop, the engine up front, and all-aluminium construction. Now, at the 2010 Paris motor show, the Norfolk firm is unveiling four more cars: Elise, Elan, Esprit and Eterne. On sale in 2015, the Elise is furthest from production, but we already know it will be a radical shift from today’s car.

Jaguar 'villainy' ad banned

A SECOND JAGUAR ad has been banned in as many months for promoting speed and unsafe driving. The video on Jaguar Land Rover's YouTube channel was titled The Art Of Villainy and featured actor Tom Hiddleston playing a suave villain while driving a Jaguar F-Type in an underground car park and on a public road. The Advertising Standards Authority (ASA) received a complaint that the ad was socially irresponsible because it featured and encouraged unsafe driving.