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News watch October 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-hourMonday 31 October 2011• The two companies planning to buy Saab - China's Youngman and Pang Da - have agreed to pay a €50 million bridging loan, court documents show. And they are pledging €610m in long-term funding from 2012, according to ANE (Automotive News Europe)  • Martin Winterkorn, the CEO of the Volkswagen group, says he is pleased with the performance of Seat and Skoda.

Porsche Boxster (2012) first official pictures

Porsche only pulled the covers off the new 911 Cabriolet at the 2012 Detroit motor show three days ago, but it’s already unveiling another convertible: the new Porsche Boxster. Faster, lighter, cleaner, more economical, and (most importantly) better looking than its predecessor, it will be officially revealed at the Geneva motor show in March, before going on sale in the UK on 28 April 2012. Let’s start with the new Porsche Boxster’s looks then… It’s still recognisably a Boxster, but the headlights are now more vertically stacked, the doors are scalloped to flow into the bigger side intakes, a strong crease runs between the tail lamps and integrates with the pop-up rear spoiler, and every line and angle is just a little bit sharper and more dynamic.  The Porschephiles amongst you would have also spotted that the folding fabric roof no longer has a panel to drop behind; instead the roof itself now doubles as the cover when the hood is stowed.

Lancia at the Paris motor show 2008

By Ben Barry Motor Shows 02 October 2008 22:57 At the Paris Motor Show 2006, CAR Online witnessed the covers come off the concept that was to pre-empt Lancia’s C-segment superstar. Today the Lancia Delta takes pride of place on the Lancia stand, flanked by the rest of the range: Ypsilon and Musa. It’s the name that probably means most to UK buyers, so the Delta will spearhead Lancia’s comeback to these shores after a 15-year-break in mid-2009.