Seat IBL concept

Seat has unveiled its new IBL saloon and sports coupe crossover concept car, announcing that it is the next evolution of its design DNA. While the exterior of the IBL is understated, much emphasis has been placed on the design of the interior. Technology within the car displays information in three programs – ‘Travel' for relaxed driving, ‘Sport' for concentrated driving or ‘Efficiency' for focused fuel-efficiency of the plug-in hybrid drive.

News watch August 2011: today's auto industry news

Come 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 Wednesday 31 August 2011• The two millionth Mini today rolled off the production line at Plant Oxford. British prime minister David Cameron drove the landmark car off the line (Mini)• Volkswagen says it will sell more than 2 million cars in China this year.

Saab deal no longer valid says Pangda Chairman.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have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”.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.