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News watch March 2010: today's auto industry news

Tuesday 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).

Peugeot RCZ R to debut at 2013 Goodwood Festival of Speed

The Peugeot RCZ R is the hottest version yet of the RCZ coupe and will make its world debut at the 2013 Goodwood Festival of Speed. The Audi TTS-rivalling RCZ R will be seen in both the static display and in high-speed action on the Goodwood hillclimb, ahead of UK deliveries kicking off in early 2014. What modifications turn a Peugeot RCZ into an RCZ R?

New Honda NSX Concept to take on Goodwood Hillclimb in June

The new Honda NSX Concept will take on the Goodwood hillclimb in June The arrival of the production version of the new Honda NSX Supercar is schedlued for 2015, and Honda are making sure the new NSX will arrive with high expectations. They’ve already announced the new NSX will go racing before it even goes in to production and they’ve had a new NSX out on track to try and show its ‘Green’ credentials are a positive not a negative. Now, Honda has announced that we’ll all be able to get up close and personal with the new NSX as it will be at the Goodwood Festival of Speed in June and will take on the Goodwood hillclimb.