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News watch Jan 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-hourFriday 28 January 2011• Mazda has signed a deal to supply Nissan with its 5/Premacy MPV from May 2011. Nissan will sell a 'cleary differentiated' version of the people carrier in Japan (Mazda) • VW has begun construction of a new engine plant in Silao, Mexico.

Saab deal no longer valid says Pangda Chairman. The end of Saab?

Saab deal with China not valid says Pangda Chairman Update 10 am 12/10/11: Saab & Pangda have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”. Whatever that means. Yesterday there was yet more speculation that Saab will be declared bankrupt as real doubt about the deal with Chinese companies Pangda and Youngman started to surface.

Volkswagen Golf R Cabriolet arrives on video

The first view of a production VW Golf R Cabriolet has arrived in a video of the new Golf R Cabriolet from Volkswagen. The idea that VW would produce a convertible version of the Golf R has been around as long as the Golf R has. But only now, when the current Golf R is almost the ‘old’ Golf R after the arrival of the new VW Golf MK 7, do we get the production version.