Automotive News

This section of Torque News provides the latest auto news and updates from the car manufacturers. Every day number of news stories and editorials are published here that give our readers an overview of what is happening in the automotive industry. Read this section daily to find out about new cars, vehicle reviews and car pictures. Torque News is an automotive news website by Hareyan Publishing, LLC, dedicated to covering the latest news, reviews and opinions about the car industry.

Hedge fund lawsuit against Porsche dismissal appealed

In late December, a US District Judge in New York dismissed the multi-billion dollar lawsuit filed by Black Diamond Offshore and Elliott Associates LP against Porsche for the investing impact felt by their failed attempt to buy up a massive chunk of Volkswagen and not surprisingly, that dismissal has been appealed by Black Diamond and Elliot on the behalf of their 39 plaintiffs.

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