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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.

Koenigsegg Agera R BLT

Christian von Koenigsegg and his team have created a custom Agera R for a Chinese client – the Koenigsegg Agera R BLT. When your pockets are deep enough to buy a Koenigsegg, they’re usually deep enough to have it customised to your own specification. That’s how the mighty Agera R came about, and now a Chinese client of Koenigsegg has had his new Agera R turned in to a special edition with lots of goodies and a new name – the Koenigsegg Agera R BLT.

British Honda engineers get green light from Japan

Honda UK’s small UK vehicle engineering centre is all set to grow in size and importance following approval from Japanese bosses. The British car development base supports Honda’s main European development centre in Frankfurt but has been taking on increasing responsibility in recent years. Honda Civic Tourer prototype review (2013 onwards) Honda Civic review (2012 onwards) Success here, said a Honda spokesman, has meant Japanese management feels it can hand over more responsibility to the small Swindon centre.