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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.

General Motors reveals two-wheel PUMA electric-vehicle prototype

It’s based on the same driving principles as a skateboard. It looks like a phone booth, or perhaps a baby stroller. But despite the unconventional nature of this vehicle, General Motors says a two-seat, two-wheel ride called PUMA could be a solution to loosen congestion in crowded urban areas.

Ford Kuga launched in Australia – but it’s the old Kuga

The old Ford Kuga is the new Ford Kuga in Australia In what seems an odd move, the current Ford Kuga has been launched in Australia, just weeks from the debut of the 2012 Kuga in Geneva. You can’t have failed to notice that the 2012 Ford Kuga is just round the corner – and due to debut at Geneva in March – and we’ve already seen most of what the new Kuga has to offer with the debut of the new Ford Escape at Los Angeles last November. But despite the world readying itself to put in an order for a new Kuga, our Antipodean cousins are only now getting the chance to buy a Kuga, but its not the all new Ford Kuga, rather the Kuga we’ve had for the last four years.