1974 Ford Truck Engine Exhaust Valve For 390 Engine on 2040-parts.com

News watch December 2010: 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-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.

Concept Car of the Week: Saab Aero X

In January 2005 Bryan Nesbitt, then-executive director of GM Europe Design, charged the 15-strong Saab Advanced design team in Gothenburg, Sweden, to create the "ultimate vision of the brand". The design team – led by head of Advanced Design at Saab, Anthony Lo – worked on a number of sports car proposals, which were considered 'the jet fighters of the road.' The chosen proposal by Alex Daniel was for a large, front-engined sports car that would become one of the most universally acclaimed concept cars of recent times. Of course the Aero X's door arrangement – complete with huge, forward-hinged canopy – is its party trick, but even without the theatrics the car's proportions, surfacing and graphics are exceptional.

2014 Toyota Corolla debuts in Santa Monica

The all-new 2014 Corolla is the 11th generation of the largest-selling car in the world. Along with the Camry it's the very bread and butter of a very bread-and-butter automaker. So it's pretty important for Toyota.