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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.

Jaguar XE Estate & Coupe “…a very difficult business case”

It’ll be tough to extend the Jaguar XE Range in to an Estate & Coupe We’ve banged on for years about Jaguar extending their saloon car range (well, the XJ and XF as that’s all they had until the XE arrived) to coupes and estates, at the very least. We know, for example, that the Jaguar XJ Coupe has been on the drawing board for as long as the current XJ, but Jaguar has failed to build it. Similarly, there have been rumblings about an XF Coupe for years, but that has come to nought too, although Jaguar did finally manage to launch the XF Sportbrake Estate to extend the XF range a little.

Honda New Small Concept

Honda Siel Cars India Ltd. (HSCI), the Japanese automaker's Indian subsidiary, unveiled the New Small Concept at Auto Expo 2010 in New Delhi yesterday. Previewing a new compact vehicle set to make its market debut in 2011 (in India and also in Thailand), the New Small Concept features a number of characteristic Honda design elements seen on the brand's recent production models and concept cars.