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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.
Great races inside November's car-sales numbers
Fri, 02 Dec 2011November was a big month for car sales in the United States, up 14 percent from November 2010 to 994,786 units. Analysts expect car sales to total 12.8 million units for the year. Here's a look at some of the trends behind that big number.
BMW X5 M Triple Turbo diesel on the way?
Sun, 12 Apr 2009BMW are reportedly working on a tri-turbo diesel version of the X5M Car makers are getting some extraordinary numbers out of their products at the moment. I mentioned the other day my super-fast 3.0 litre Ford Capri from the ’70s that delivered a then stonking great 138bhp. And around 20mpg.