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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.

BTCC stars set for 2014 Goodwood Revival action

The St Mary's Trophy is always one of the most competitive races at the Revival. By James Clark Motor Shows 18 July 2014 12:34 Goodwood today confirmed the race line-up for the 2014 Revival's St Mary's Trophy, the popular touring car event on the historic Sussex race track. It’s always interesting to see modern drivers make the switch into more antique machinery, but that is exactly what happens every year at the popular Goodwood Revival historic meeting - and in 2014 we'll see a raft of BTCC stars past and present.

State of Scion: What's next for the original alternative-rock car brand

“This is gonna be awesome!” the spiky-haired guy in the Scion video screams, epitomizing in five words the enthusiasm the youth-oriented brand has tried to stand for over its seven-year history. But now there's competition. It's not enough to make quirky cars and market them to the alt-rock generation.