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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.

BMW X6 show debut

By Gavin Green First Official Pictures 14 January 2008 01:34 Affluent German makers now try the shotgun rather than the sniper’s approach to new model sectors – fire enough speculative models out into the market, and some are sure to hit the target. We’ve had sports activity vehicles, urban activity vehicles and just about every other type of crazy crossover as carefully focused as a blunderbuss. Now BMW invents yet another niche – the sports activity coupé.

Chrysler, VW lead February sales gains

U.S. auto sales led by Chrysler Group surged 16 percent in February, giving the industry its strongest showing in four years in a fresh sign that the recovery is gaining more traction. Total light vehicle sales rose to 1.15 million units as the seasonally adjusted sales annual rate hit 15.1 million.