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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).

2011 Vauxhall VXR8 revealed

2011 Vauxhall VXR8 will cost £50k The world is woefully short of old-fashioned, rear-wheel drive, hairy-chested saloon cars that actually handle. True, there are still some Yank-Tanks around at less than stellar money that do a good impersonation, but for the real deal you need to buy a Vauxhall. Or at least a Vauxhall from Oz – the 2011 Vauxhall VXR8 (which we saw at Goodwood in the summer in Holden clothes).

Audi R8 e-tron killed off for production – again

It’s more than six months since we reported that Audi were planning to kill off any production plans for the electric R8 e-Tron, with Audi’s head of R&D saying the production plans for the R8 were going to be scrapped. And it seems they have now gone in the bin. Autocar are reporting that Audi has confirmed to them that the R8 e-Tron won’t be going in to production and the ten latest e-Trons to be built will be used just for testing and development to help Audi with its ‘electrification’ plans, which will now almost certainly concentrate on plug-in hybrids and range extenders, rather than EVs.