Citroen 2cv Deux Chevaux Mehari 602cc Used Camshaft & Timing Gear 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.

Tesla Roadster Final Edition say goodbye to the Lotus platform

Tesla Roadster Final Edition Tesla Roadster S production ends this year, and Tesla are saying goodbye to their first car with the Roadster Final Edition. Despite antipathy about the price and the range, the Tesla Roadster is the first proper electric sports car to hit the road – and sell. Tesla has managed to sell 2,600 Roadsters based on a Lotus platform since the Roadster launched, but production is now ending.

UK Car Insurance Company reports buyers downsizing

Swinton Insurance claim quote requests for bigger cars are down 20% Swinton say that it has seen an increase of 25% in quote requests for smaller engined cars in the last six months and a decrease of 20% in car insurance quotes for cars over 1.8 litres (which, short of the big-engined cars being scrapped begs the question: What’s happened to the big-engined cars? Did they just disappear, or are they just not being insured?). But this got us thinking.