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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.
Seat Leon ST wins five-star safety rating
Thu, 19 Sep 2013SEAT'S SPACIOUS Leon ST has been awarded a five-star safety rating by car safety assessment body Euro NCAP. The estate version of the already-popular Leon goes on sale in the UK in October for January 2014 first deliveries. The rating is the result of exceptional scores in all areas of the industry-standard Euro NCAP test, but particularly the adult occupant safety and child occupant safety sections, for which the Leon ST scored 94% and 92% respectively.
Mercedes celebrates 60th anniversary of Unimog with new concept
Tue, 07 Jun 2011The Mercedes-Benz Special Trucks unit (MBS) revealed a design study celebrating the 60th anniversary of the Unimog at the Daimler plant in Wörth recently. The concept, called simply ‘60 Years Unimog', is said to inform the future form language of Mercedes-Benz commercial vehicle design. Combining of the past and future of the Unimog, the MBS development team, the Daimler commercial vehicle designers in Sindelfingen and a model designing partner have created an avant-garde vehicle that retains the inherent functionality and capabilities of the now iconic vehicle.