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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.

Honda's Asimo robot is ready to work in your home

TECHNOLOGY giant Honda has shown that a robotic personal assistant that can help you in and out of the home is no longer solely the subject of science fiction, with the debut of its latest ASIMO robot. The humanoid machine has been upgraded so that it can now run, hop and even pick up and interact with objects in the world around it. Honda has been working on robotics since the 1980s, and this latest incarnation of ASIMO is the most advanced the company has ever produced, with improvements made to movement and reactions.

Tesla Model S starts at $57,400, tops out at $92,400 when sales start in 2012

Tesla Motors Inc., the U.S. electric-car maker that plans to build a rechargeable sedan in California, said a top-of-the-line version of the Model S will cost as much as $92,400 when it goes on sale in 2012. Tesla released detailed prices, features and options for the Model S sedan Dec.