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News watch November 2011: 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 29 November 2011• Saab's UK division today filed for administration as it waits for funding from its would-be Chinese investors (Automotive News Europe) • In a statement, Saab GB said: 'Saab Great Britain Ltd filed for administration with the High Court in London... The  board of Saab GB is of the opinion that administration gives the company and creditors the necessary legal protection until the required funding for the company has been secured'• Frantic negotiations continue between Saab owner Swedish Automobile and its Chinese suitors, Youngman and Pang Da, which signed an MOU to buy Saab for €100 million.

Mercedes E 300 BlueTEC HYBRID – Africa to Goodwood on a single tank of fuel

The Mercedes E300 Hybrid – Africa to Goodwood on a tank of fuel It might cost more to buy a hybrid car than a regular ICE car, but if you do a lot of miles the fuel savings can be impressive and, with many modern cars, you can choose to use the extra electric motor for more performance when parsimony isn’t at the top of your agenda. A good example of a car that offers plenty of luxuries, decent performance and the ability to eke out a gallon of fuel further than you’d ever have thought possible is the latest Mercedes E 300 BlueTEC HYBRID. With a 201 bhp diesel engine and a 27 bhp electric motor, the Mercedes hybrid can get to 62 mph in 7.5 seconds, reach 155 mph and offers leather trim, COMAND, Climate and all the little luxuries that make time behind the wheel more bearable.

50 Years of Bond Cars at the National Motor Museum

Release the oil slick, raise the bulletproof rear screen and push the red ejector seat button in anticipation of what promises to be one of the must-see automotive attractions of 2012: Bond in Motion. Tell me more, Moneypenny 2012 will mark the 50th anniversary of Sean Connery's first utterance of the icnonic 'the name's Bond, James Bond' line, and to celebrate this celluloid milestone the National Motor Museum at Beaulieu is hosting Bond in Motion, an exciting exhibition of the fictional spy's 50 most recognisable vehicles. The year-long display of 007's cars, motorbikes, boats and other unlikely forms of transportation promises to be the largest of its kind anywhere in the world.