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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.

New Volvo V60, S60 & XC60 R-Design with Polestar Performance options

Volvo has revealed new R-Design versions of the V60, S60 and XC60 with R-Design body, lowered suspension and the option of Polestar Performance. All three R-Design models get a new nose with a frameless Tech Matte Black grill, a silk metal R-Design logo, DRL lights on the corners, redesigned front wheel arches, rear diffuser and R-design tailpipes. Inside, the R-Design Volvos get sports seats covered in Nubuck textile and perforated leather, Adaptive Digital Display that offers three different configurations - Elegance, Eco and Performance – contrast stitching, stainless steel tread plates and R-Design logos.

Top 5 most important cars at the 2013 Frankfurt motor show

The five most important memorable cars in attendance at the world’s biggest motor show Nothing is as controversial as irritating your core enthusiasts, and the Audi Sport Quattro concept risks doing just that. Its name and styling riff off one of the most iconic cars in Audi’s back catalogue – and in WRC history – yet the new yellow version unveiled at the 2013 Frankfurt motor show has abandoned the five-cylinder engine, manual gearbox, and respectable kerbweight of the 2010 Quattro concept. In its place, we’ve an RS7-based coupe with the power of a Lamborghini Aventador (691bhp), twice the claimed economy of a Golf GTD (113mpg), but only because of a twin-turbo V8 mated to a hefty hybrid powertrain, and that means this new Sport Quattro weighs as much as a Bugatti Veyron Super Sport (1845kg).