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Mercedes-Benz slots 4 compacts for U.S.

Mercedes-Benz will launch four compact vehicles in the United States in the next three years with starting prices of $30,000 or below. The vehicles will include a production version of the A-class coupe concept shown last week at the New York auto show. Three variants of Mercedes' new-generation compact family also are headed for the United States.

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.

Bentley Continental GT V8 S (& GTC V8 S) revealed

The Bentley Continental GT V8 S (pictured) has been revealed The Bentley Continental GT V8 has only been around for eighteen months, but it has garnered accolades in that time as a more focused Continental GT, despite its loss of power (and cylinders) compared to the original W12 engine. But now Bentley are capitalising on the V8′s favourable feedback with a more powerful version – the Bentley Continental GT V8 S – to add an even more sporty note to the GT’s offerings. The V8 S still keeps the twin-turbo V8 it shares with Audi, but it now gets a boost in power to deliver 521bhp and 502lb/ft of torque.