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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.

2012 Nissan Rogue stickers for $22,340

Nissan is starting the 2012 Rogue crossover at $22,340 (including destination) for the base front-wheel-drive S model. An all-wheel-drive configuration brings that cost to $23,590. The 2012 Rogue is available in two trim levels--S and SV--and with Special Edition, Premium and SL option packages.

Mitsubishi Concept PX-MiEV (2009) unveiled

By Ben Pulman First Official Pictures 01 October 2009 15:20 This is the Mitsubishi Concept PX-MiEV, the Japanese car company’s star attraction at this month’s 2009 Tokyo motor show. The concept tag is obvious, but the PX part designates the show car as a plug-in hybrid crossover, and MiEV stands for Mitsubishi innovative Electric Vehicle. Externally the PX-MiEV drops heavy hints towards the styling of the next Outlander, but Mitsubishi has pared back the design and purposely avoided adding the 'rugged'’ elements so common to SUVs.