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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.
Porsche 911 Carrera 4S Exclusive Edition – just for the UK (video)
Sun, 22 Sep 2013Porsche 911 Carrera 4S Exclusive Edition – just for the UK Just like all the ‘premium’ car makers, Porsche has a division that deals with special requests; extras and plans that fall outside the normal options list – Porsche Exclusive. Porsche Exclusive offers a level of personalisation that goes way beyond what the regular options list offers and, in Porsche’s own words, the “…possibilities for personalisation are almost endless”. With that in mind, Porsche Hatfield has commissioned Porshe Exclusive to build just five 911 Carrera 4S cars for the UK, with carefully understated customisations to paintwork and interior, and a smattering of Union Jacks – just to make sure these are ‘British’ 911s.
SsangYong Korando Sports arrives
Tue, 09 Oct 2012SsangYong has extended the appeal of their budget SUV Korando by launching the Korando Sports, a cross between a family car and a pick-up. Now SsangYong are pitching in to the Bob the Builder market with their take on vehicles like the Mitsubishi L200 (which has just been given a five year warranty by Mitsubishi) with the SsangYong Korando Sports. The Korando Sports is a double cab pickup with four doors and five seats that SsangYong says offers a working vehicle with 4WD, 2.3 tonne towing capacity and all the appointments of a family car.