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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.

Mazda MX-5 20th Anniversary Limited Edition launched

Mazda has released a limited edition MX-5 in Japan to commemorate 20 years of the MX-5 It’s hard to believe that the little Mazda MX-5 – or Mazda Roadster, as it’s known in Japan – has been with us for 20 years, but it has. And in that time it has racked up sales of more than 850,000, making it the best-selling open roadser in history. Deservedly so.

Lister Knobbly back on track

Lister The Lister Knobbly - one of the most famous British racing cars of the 1950s - is now available to buy new, with prices starting from £249,000 for track-only versions and £259,000 for road car derivatives. Lister Cars was founded by George Lister in 1954 and its Jaguar-based ‘Lister Knobbly’ race cars were among the most competitive cars in motor racing during the late 1950s. In May 2013 three existing companies - George Lister Engineering of Cambridge, Brian Lister Light Engineering and Lister Storm – were amalgamated following investment by Warranty Wise to create Lister Motor Company Limited.