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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.

Ferrari F620 GT to debut 29th February – video tease

Ferrari start to tease the new F620 GT Ferrari is teasing the replacement for the 599 – probably the Ferrari F620 GT – with a video tease. Debuts 29th February. We’ve known for a while that the replacement for the Ferrari 599 – which looks like it will be the Ferrari F620 or F620 GT – is on its way and due to have its public debut at the Geneva Motor Show in March.

Who's Where: Edgar Heinrich appointed Head of Design, BMW Motorrad

Edgar Heinrich, formally Vice President Product Design with Bajaj Auto Ltd, has been appointed Head of Design for BMW Motorrad. He fills the role left by the resignation of David Robb, reportedly following a disagreement with a co-worker. Heinrich will report directly to Adrian van Hooydonk, Senior Vice President BMW Group Design.