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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.
BMW i: the new electric car sub-brand launched
Mon, 21 Feb 2011I spy something... beginning with i. That'll be the name for BMW's new sub-brand for its forthcoming electric vehicles (both pure EV and hybrid), announced today. Think of i as BMW M - a sub brand for the internet-savvy, eco-conscious, city-dwelling new premium car buyer. BMW's new sub-brand was launched with a live-streaming web conference from the BMW Welt complex in Munich on 21 February 2011.
Goodwood Festival of Speed 2011 photo gallery
Sun, 03 Jul 2011Welcome to CAR Magazine's photo galleries from the 2011 Goodwood Festival of Speed. Scroll through our pictures and snippets from the Festival in our blog below. We've been updating with more photographs over the weekend, so flick through the Goodwood Festival of Speed blog below for coverage and live photos from Friday, Saturday and Sunday.