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News watch July 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: car news summaries are added from the top hour-by-hour Friday 29 July• The BBC and Sky have a agreed a TV deal for F1, which will see the Beeb only broadcast half of all Grand Prix races from the 2012 season (BBC) • Aston Martin Racing will revert to its older, V12-powered DBR1-2 LMP1 racer for the remainder of the Intercontinental Le Mans Cup (ILMC) while the new straight six-powered AMR-One 'continues to undergo review' (Aston Martin Racing)• Dr Heinz-Jakob Neußer is to take charge of drivetrain development at VW from Volkswagen 1 October 1 2011. His predecessor Dr Jens Hadler is leaving at his own request, and Dr Rüdiger Szengel is to become deputy head of VW's drivetrain development and retain his role as head of petrol engine development (Volkswagen) Thursday 28 July• Porsche today dug the first soil at its €150m extension of the Weissach R&D base.

Peugeot 508 – 5 By Peugeot Concept

Peugeot are taking the '5 by Peugeot' Concept to Geneva - the new Peugeot 508 Back in November we reported that Peugeot were going to stop producing the 407 and 607 and deliver a new car to fill the gap – the Peugeot 508. Which makes a whole heap of sense. Apart from in France it’s always been then case that the bigger the French car the poorer its sales are, and the poor old 607 hasn’t exactly set the world alight with its huge sale.

Nissan 'Art of Mobility' sculpture unveiled by Rigoletti Casa De Diseño Institute [w/video]

The Rigoletti Casa De Diseño Institute of Transportation Design's first full-size vehicle sculpture, sponsored by Nissan Design America, has been unveiled. For the past six months design students from Rigoletti and designers from NDA have collaborated to create the ‘Art of Mobility'. The students' goal was to capture the future of Nissan's brand character through line, form, and iconic shapes so it would be a conceptual representation of Nissan's Latin American future design philosophy.