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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.

A car guy goes back to Washington

If there was a Car Guy Party, John Campbell would run on that ticket. Campbell is a member of the U.S. House of Representatives in Washington, D.C., representing the 48th District in Orange County, Calif., where he was re-elected decisively last week.

LA Motor Show: Ford Edge spin-off headed for Europe

FORD HAS given European audiences an unusual teaser by revealing its new Edge large SUV at the Los Angeles Auto Show, before adding that it will come to Europe - with as-yet unconfirmed changes. The car is officially only a concept, as evidenced by the wild interior design. The exterior, however, has been tipped by Ford insiders to be more or less production-ready for North America.