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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).

Audi S3 Cabriolet for 2014 Geneva Motor Show

The Audi S3 Cabriolet will make its public debut at the 2014 Geneva Motor Show next month. The range-topping version of the new A3 Cabriolet uses the same powertrain as the S3 hatchback, Sportback and saloon variants, with a 300hp turbocharged engine driving all four wheels. Audi quotes a 0-62mph time of just 5.4 seconds for the S3 Cabriolet, which will be available to order from April, with the first UK deliveries expected in July.

Drivers 'still prefer printed maps'

MOST motorists still prefer printed maps when planning car journeys, according to an AA/Populus survey. Older drivers are the least happy with sat-nav, with only 9% of over-65s ditching printed maps altogether. Overall, 63% of the 23,824 drivers polled have used a printed map in the last six months, while 60% have used an in-car sat nav.