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News watch November 2010: 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-hour Tuesday 30 November 2010• Fiat and Opel have signed an agreement whereby Fiat will supply vehicles comprising of several variants to Opel, commencing December 1 (Fiat)• Electric cars will make up 20 per cent of UK car sales by 2016, according to National Grid CEO Steve Holiday (Automotive News Europe)• Toyota has said it will repair 650,000 Prius models worldwide because of a fault with the coolant pump (BBC News)• Porsche look likely to succeed in persuading preferred shareholders to support a €5 billion stock sale becuase the deal may offer the chance to buy into Volkswagen at a discount rate (Bloomburg)• China will become Rolls Royce's biggest market, surpassing America as early as 2011 (Automotive News Europe)  Monday 29 November 2010• Bentley has appointd a new CEO to succeed Franz-Josef Paefgen, who's retiring. Porsche R&D director Wolfgang Dürheimer, 52, is now chairman and chief exec of Bentley Motors and Bugatti (Bentley)• In return, Porsche has replaced Dürheimer with Wolfgang Hatz, an internal appointment.

Land Rover considering smaller Range Rover Evoque

Land Rover’s Design Director. Gerry McGovern says they are considering a new model to sit below the Range Rover Evoque. The latest car news from Land Rover has centered around the 2013 Range Rover, the flagship of the Land Rover range and a car without equal.

BMW i8 (2013) at Frankfurt motor show

This is the new BMW i8, unveiled this morning at the 2013 Frankfurt motor show. It’s BMW second ‘i’ model (after the i3 city car) and thanks to lightweight carbonfibre construction and a new downsized turbocharged engine, the new i8 is a sports car that offers the performance of an M3 and over 100mpg. The supercar of the future?