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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.

Volvo XC30 for 2012

It's starting to look as if the baby Volvo Crossover - the XC30 - is getting close The rumour mill has been working on a smaller crossover/SUV from Volvo for a long time – since just about the time that the Volvo C30 first hit the road. And it’s a car that makes a lot of sense, especially in the current market. So it’s not any sort of surprise to see the rumour resurface, but we’re a bit peeved to have missed (until now) the comment that’s being attributed to Lex Kerssemakers – Volvo’s Overseas Corporate Strategy President – from Geneva when he apparently said “There will be some further expansion of the XC range in the near future”.

Rolls Royce has record 2008

We reported a while back about Rolls Royce prospering despite the credit crunch, and figures revealed today show that they continue to prosper despite the doom and gloom. When we last wrote about this back in November, we reported that Rolls Royce’s year end showed an increase of 38% year on year, with a total of 945 cars sold. Well, they’ve obviously continued in the same vein as their 2008 sales total has reached 1210, an increase of 20% over 2007.