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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.

Skoda reveals baby hot hatch

By Phil McNamara/Georg Kacher Motor Industry 19 September 2006 10:16 Skoda is making a bid to lead devlopment on the Volkswagen group's new small car, by unveiling this dynamic three-door design study, the Joyster. The sub-Fabia sized hatchback would take on cars like the Citroen C2 and 2008 Ford Ka replacement. Skoda says the Joyster has decent interior space, and an airy feel thanks to a full-length sunroof.

New Toyota Avenis (2012) at Frankfurt plus new Prius family and 2012 Yaris

2012 Toyota Avensis - teased ahead of Frankfurt 2011 As Frankfurt draws close its Toyota’s turn to reveal their 2011 offerings at the show, which will include the 2012 facelift Toyota Avensis. The new Avensis is the only Toyota at Frankfurt we haven’t already seen, and Toyota hasn’t done much more than send us the teaser photo you see at the top. But we do know Toyota re claiming the 2012 Avensis is the ‘Most expensive mid-life facelift’ they have ever undertaken.