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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.

Ford opens up Sync to app developers

Think you can make a killer app for Ford Sync? Ford just made it a whole lot easier. On the day before the International CES opened in Las Vegas, Ford introduced the Ford Developer Program, which makes the Sync platform available to any and all comers who want to take a whack at it, including other carmakers.

Lotus fights back with three-year warranty and servicing deal

By Tim Pollard Motor Industry 02 July 2014 12:55 Lotus has this month launched a three-year warranty and servicing deal for all new Elise, Exige and Evora models. The move is designed to kickstart interest in the brand, which is suffering a 9% slump in sales in 2014 year to date. Lotus has sold just 73 cars in the United Kingdom over the first five months of the year.