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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.

Overfinch reveals bespoke 2014 Range Rover

The debut of the long-wheelbase Range Rover a month ago raised the bar when it comes to SUVs acting as chauffeured limousines, even if the model was arguably a few years late to the market's demands. When coupled with the Autobiography Black trim, the long-wheelbase Range Rover didn't quite turn into a conference room on wheels, but it did do a good impression of first-class airline seating. If that model is meant to be a chauffeured limousine more than anything else, the standard-wheelbase Range Rover is still the ticket if you want to take the wheel yourself.

2012 Lexus GS: UK to get GS 450h & GS 250 – but no diesel

2012 Lexus GS to get a 2.5 litre V6 in the UK - the GS 250 The more we learn about the 2012 Lexus GS the more appealing it becomes which, considering the current GS is the most appealing driver’s car in the Lexus range, bodes well for the new GS. We know, for example, that Lexus intend the new GS to be a “…high-performance concept that can deliver an inspiring driving experience.”, which is an easy PR statement to make, but a not so easy promise to fulfil. But if early reports are anything to go by, it’s all looking rather interesting.