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News watch March 2010: today's auto industry news
Tue, 30 Mar 2010Tuesday 30 March 2010• Mercedes has dismissed claims that its Maybach brand is for sale, after reports in the Chinese media claimed Chinese car company BYD was considering a bid for the upmarket offshoot. BYD has also denied the claims (Reuters)• Toyota president Akio Toyoda has promised his company will listen more carefully to customers and react faster in a bid to regain credibility after the Japanese car manufacturer was forced to recall millions of vehilces over safety fears (BBC)• The Obama administration is expected to unveil its finalised fuel economy and tailpipe emissions through to 2016 this week, to coincide with the opening of the 2010 New York auto show (Detroit News) Monday 29 March 2010• Toyota has agreed to licence the hybrid technology in the Prius to Mazda, which will combine the electric system with its next-gen Sky engines. It’s part of Mazda’s plans to increase the average fuel economy of its vehicles by 30% by 2015 (compared to 2008 levels) and it hopes to have its first hybrid vehicle on sale in Japan by 2013 (Mazda)• Ford and Chinese car company Geely have signed a stock purchase agreement that will allow the latter to acquire 100% of Volvo (along with related assets including intellectual property rights).
Range Rover Evoque drives British exports boom (2013)
Thu, 24 Jan 2013Range Rover’s smash-hit Evoque has driven UK car production to its highest level since 2008, and an all-time record export level. In 2012, UK car manufacturing was up 9% compared with 2011, with 1.46m cars produced. Almost 83% were exported.
Audi R8 range to grow – and improve
Wed, 10 Mar 2010The Audi R8 Spyder V8 - just part of a bigger and improved Audi R8 range Only last week we reported on the likelihood that there will soon be a V8 version of the Audi R8 Spyder. Which makes a whole lot of sense for Audi. Now they’ve mopped up the early buyers on the R8 V10 it really is time to give a more ‘affordable’ option, if any car approaching £100k can ever be considered ‘affordable’.