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Redesigned 2013 Chevrolet Malibu costs $23,150

The redesigned 2013 Chevrolet Malibu sedan carries a base sticker price of $23,150 including shipping charges. That is a $280 increase over the previous-generation 2012 model. The 2013 Malibu will be offered in four trim levels: LS, LT, Eco and LTZ.

Tanner Foust jumps a Hot Wheels truck to new record at Indy

Before the Indianapolis 500 on Sunday, Team Hot Wheels yellow driver and three-time X Games gold medalist Tanner Foust broke the world record for distance jump in a four-wheeled vehicle. Foust dropped 10 stories down a life-size version of the iconic orange toy track and soared 332 feet through the air. Foust then unmasked himself--his identity had been a mystery up to that point, as shown in the teaser video we posted earlier this month.

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).