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News watch March 2011: 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-hour Thursday 31 March 2011• US President Barack Obama has strated all US government cars and trucks purchased from 2015 must be alternative-fuel vehicles (Automotive News)• Nissan CEO Carlos Ghosn has denied a report in Japan's Nikkei newspaper that he is leaning towards a formal merger of Nissan and Renault (Reuters)• Fiat CEO Sergio Marchionne says that Chrysler's share IPO may now take place in 2012, depending on financial progress this year (Bloomberg)Wednesday 30 March 2011• Tesla CEO Elon Musk has called a report that the EV carmaker is a takeover target 'bad analysis' and remains confident the firm will stay independent (Bloomberg)• The BBC denies that it rigged a December 2008 Top Gear TV test of the Tesla Roadster, in response to being sued by the EV carmaker (BBC News)• First Group, the UK's largest public transport operator, has announced a £160m investment in new buses, ordering 955 new buses from UK manufacturers Wrightbus and Dennis over the next two years (BBC News)• Japanese production woes look set to continue into April. Toyota expects the majority of Toyota and Lexus production on 14 April (Automotive News)• Saab production has re-started again, following a half yesterday afternoon.

Jeep brings duo of remixed Cherokee concepts to Beijing

China has become and important market for a number of American automakers, and even though Jeep's partnership with local automotive companies goes back decades, it has always faced stiff competition from other brands in the SUV segment. Hoping that the debut of the new Cherokee will revitalize interest in the brand, Jeep has brought a number of concepts to the China auto show in Beijing this week. First up is the Jeep Cherokee Sageland concept, whose design theme and colors were inspired by historical landmarks and scenery of the Shangri-La region, with the SUV's exterior painted in ivory tri-coat pearl with bronze grille collars.

BMW 640d xDrive – another 4WD BMW NOT coming to the UK

The BMW 640d xDrive - NOT coming to the UK BMW has added the BMW 640d xDrive to the 6 Series range – in coupe and convertible – with a 313bhp diesel and 4WD. But it won’t hit the UK. BMW broke the taboo of a diesel engine in a range-topping coupe in the last generation 6 Series, and takes that a step further in the new 6 Series by adding 4Wd to create the BMW 640d xDrive, which will be available as both a coupe and convertible.