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News watch November 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-hour Tuesday 29 November 2011• Saab's UK division today filed for administration as it waits for funding from its would-be Chinese investors (Automotive News Europe) • In a statement, Saab GB said: 'Saab Great Britain Ltd filed for administration with the High Court in London... The  board of Saab GB is of the opinion that administration gives the company and creditors the necessary legal protection until the required funding for the company has been secured'• Frantic negotiations continue between Saab owner Swedish Automobile and its Chinese suitors, Youngman and Pang Da, which signed an MOU to buy Saab for €100 million.

Bus service cuts 'at critical level'

CUTS TO bus services are now reaching "critical levels", according to a report by the Campaign for Better Transport (CBT). As many as 47% of local authorities in England and Wales have reduced their support for buses for 2013, while the 2014/15 financial year is likely to be a difficult one for bus services, said CBT. Three councils have stopped supporting services and others might follow, warned the CBT, whose report is entitled Buses In Crisis and is based on responses to Freedom of Information Act requests made to all local transport authorities regarding supported buses.

Vauxhall Astra GTC revealed: Prices & Models

Vauxhall Astra GTC - looks good Vauxhall has certainly got some mileage out of the launch of the 2012 Vauxhall Astra GTC. As has Opel for the launch of their differently badge version of GM’s Euro-hot-hatch, designed to take on the likes of the VW Scircoco. Since the Astra GTC was revealed at Paris last year we’ve had the expected dance of the seven alloys as Vauxhall reveals a bit more with each bit of news.