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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.

Honda shows off Concept C and Concept S at Beijing motor show

Alongside the Chinese introduction of its new ILX and RDX, Honda rolled out two concept vehicles that the company says presage new models to hit the Chinese market. The “C” in “Concept C” apparently stands for “cool,” “challenge” and “China,” which is er, um, iffy, but at least it's a departure from Honda's as-of-late anodyne exterior design. Though it rather closely resembles a late-model Hyundai dressed up in Super Sentai garb, Honda claims that the C's design was inspired by a dragon.

BMW X1 (2010) – official teaser images

BMW has released teaser images of the new BMW X1 compact SUV BMW’s offering in this department is the new BMW X1 which is, in many ways, a 1-Series on stilts, although it has components in common with both the 1-Series and the 3-Series. It will be available in both 2WD and 4WD with engines ranging from a 1.8 litre 4-pot petrol to a 3.0 litre turbo-diesel with a 6-sped manual ‘box or an auto option. These relatively undisguised photos from BMW are the first official shots that have no real subterfuge in them, and show the lines of the car pretty clearly.