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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.

Buy a Corvette Stingray, get a performance driving school discount

New Corvette Stingray owners can get a sweet deal at the Ron Fellows Performance Driving School at Spring Mountain Motorsports Ranch in Nevada. The two-day program will cost owners just $1,000, instead of the usual $2,500, Chevy said on Wednesday. “We designed the Corvette Stingray to make its owners better drivers through technologies such as the driver mode selector, active rev match, electronic limited-slip differential and more,” said Tim Mahoney, chief marketing officer, global Chevrolet.

2009 Interior Motives Design Awards

Registration for the seventh annual Interior Motives Design Awards - themed ‘Sustainable and Clever' - is now open. Hosted by our quarterly interior design publication Interior Motives, the competition challenges design students around the world to come up with innovative designs that offer clever solutions to the problems facing 21st century vehicle design. Students are asked to create a design that fulfils one of the following four briefs: Chinese car 2.0 Create a next-generation vehicle designed specifically to serve the needs of young, design-aware Chinese consumers.