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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.

VW Golf GTI Cabriolet unveiled

The 2012 VW Golf GTI Cabrio unveiled - but it won't arrive until summer's over Ahead of a debut at the Geneva Motor Show we get the first details and photos of the new Volkswagen Golf GTI Cabriolet. Volkswagen has left it a bit late in the model life of the current Golf to deliver the VW Golf GTI Cabriolet, but better late than never. With 207bhp and 207lb/ft of torque the GTI Cabrio can whip to 62mph in 7.3 seconds and on to 147mph.

Interior Motives China Conference Day Two

Interior Motives is the print magazine from Car Design News, which focuses on the design development of vehicle interiors. Session One: 'The multi-mode interior' Conducted by Mark West, Chair of Transportation Design at CCS, the day's first session explored how vehicle designers can develop a versatile environment for urban dwellers. Ikuro Horii, general manager, Toyota Horii took to the podium to cite the example of the brand's GT86, which has room for up to four wheels in the trunk for the track but enough room in the back for the kids and shopping.