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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.

Lexus to make its official Goodwood Festival of Speed debut in 2013

Lexus is to officially be a part of the 2013 Goodwood Festival of Speed and will show the 2013 Lexus LS, new GS and the LFA supercar. Lexus is working hard at the moment to make their cars more dynamic and more appealing to drivers – not just those looking for reliable, Japanese luxury, so what better way to get in front of those who cherish the ‘Drive’ than at Goodwood? So Lexus is tipping up at the 2013 Goodwood Festival of Speed in July to be an official part of the best petrolhead festival – in the world – and take the opportunity to show their latest models, and a bit of Lexus supercar goodness too.

Car in Paul Walker crash going more than 100 mph before deadly crash

While "Fast and Furious" star Paul Walker and business partner and Pirelli World Challege racer Roger Rodas did not have drugs or alcohol in their systems when they died in a fiery car crash on Nov. 30, speed was a factor in the crash according to a published report issued by the Los Angeles County coroner's office on Friday. According to a detailed report in the Los Angeles Times, the car Rodas was driving -- a 2005 Porsche Carrera GT -- was traveling at more than 100 mph before the crash.