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News watch December 2010: today's auto industry news
Sun, 31 Oct 2010Welcome 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-hourFriday 31 December 2010• A judge in Manhattan has dismissed two lawsuits from hedge funds claiming for $2bn losses when it bought VW shares in 2008. Elliott Associates LP, Black Diamond Offshore and 39 other funds filed a complaint, claiming Porsche misled short-sellers who hadn't realised that Porsche had cornered the market in VW shares (Automotive News)Thursday 30 December 2010• Volvo plans to hire an extra 200 staff as it claims demand for its cars is rising.
Peugeot RC Z will be built
Thu, 24 Apr 2008By Ben Pulman Motor Industry 24 April 2008 12:50 The Peugeot RC Z has been confirmed for production. After claims about gauging public reaction, and teasing us with drives in a concept car that felt production-ready, the French manufacturer has done the decent thing and decided to build the RC Z. The production model will be shown at the 2009 Frankfurt show, two years after the concept was first unveiled.
Umea Institute of Design prepares for annual Degree Exhibition
Wed, 13 Apr 2005The Institute of Design is housed in a converted power station and purpose-built premises on the banks of the Umea River. The school has an atmosphere that is open and light, and all students have their own personal workspace within this environment. There are well-equipped workshops for woodwork, metal, plastic, clay modelling, assembly and painting.