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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.
Subaru Impreza WRX STI R205 for JDM
Thu, 07 Jan 2010The Subaru Impreza WRX STI launches in Japan Subaru has announced a limited run of 400 Subaru Impreza WRX STI 205 which will go on sale in Japan. It won’t please Subaru Impreza nuts in the UK as they’ll get no chance to get their hands on one, but for those in Japan it’s great news. Unlike the rather lame Subaru WRX STI Carbon (or Impreza Pipe & Slippers as we like to think of it), the R205 is hard-core. Subaru has plucked a chunk of bits from the ‘Spec C’ bin to create the R205.
2011 Mercedes C-Class Facelift leak
Mon, 08 Nov 2010Is this the 2011 Mercedes C-Class Facelift? The current Mercedes C-Class is due a facelift in 2011 and we’re expecting the revamped Mercedes to put in its debut appearance at the Detroit Motor Show in January. But it looks like a bit of Mercedes’ thunder may have been stolen if the photo above is a genuine leak.