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Lotus prices Exige S Roadster from £52,900

Lotus has announced its new Exige S Roadster will be priced from £52,900 – exactly the same as the hard-top Exige S. It’s also slightly lighter than the fixed-head Exige, and matches its blistering acceleration times.  That £52,900 tag makes the 345bhp Exige S Roadster £7500 pricier than a (pre-options list) Porsche Boxster S manual, though the 1328kg Porsche makes do with only 315bhp.

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.

AUCTION GOES BANANAS FOR CLASSIC VW

A VINTAGE 1950s Volkswagen Beetle owned by a pensioner will go under the hammer at an auction later this month. The classic car, which has picked up a number of awards, is expected to fetch around £9,000 when it appears alongside a selection of rare art and antiques in the McTear's Collectables sale in Glasgow on September 29. The 1953 Beetle, which is a 1200 Deluxe model, has been in the hands of 72-year-old Willie Black since 1966, the same year that VW gave it the Best Beetle in Britain accolade.