1980 Arctic Cat Jag 2000 And 3000 Butterfly Carb 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.

Old is new again: Will a floor-hinged throttle pedal be in your future?

If you think that every little nut, bolt, switch, gear or widget in your new car wasn't scrutinized by a team of highly educated, overworked car geeks (read: engineers), think again. A couple of recent conversations with automotive engineers confirmed that virtually nothing that goes into a car today is taken for granted. During the recent Pebble Beach weekend, I had the pleasure of spending time with an engineer for Jaguar, and the subject turned to materials used for various switches in the cabin.

Avis buys Zipcar and grows car-sharing capabilities internationally

Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.