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News watch November 2012: 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 Friday 30 November 2012• Europe's trade ministers are looking at a free-trade pact with Japan, despite resistance from EU car manufacturers. Currently Japanese cars attract a 10% tariff upon import to Europe.

Subaru recalls 275,000 Foresters for seatbelt fix

Subaru will recall certain Forester models produced in model years 2009-11. About 275,000 of the small SUVs could be affected by a problem with the automatic locking retractor in the seatbelt assembly. In the recall announcement, Subaru says the assemblies do not meet federal motor-vehicle safety standards for occupant crash protection.

Famous family reminds parents of teen driving responsibility

Parents are legally and financially responsible for teens once they get behind the wheel, and no one knows that better than former pro wrestler Hulk Hogan. In 2007, Nick Bollea, the son of Hogan (born Terry Bollea), made news when he was arrested for reckless driving after a near-fatal accident. Nick Bollea was reportedly racing his friend from light to light in a 1998 Toyota Supra owned by him and his father, while his friend Daniel Jacobs was driving Hogan's 2003 Dodge Viper.