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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).

Qoros GQ3 becomes Qoros 3: Geneva Motor Show 2013

The Qoros 3 – formerly the Qoros GQ3 – has been revealed at the 2013 Geneva Motor Show alongside concept Cross Hybrid and Estates from Qoros. Not because GQ Magazine objected, but because Audi did. It seems the man at the four rings took umbrage at a Qoros model name with ‘Q3′ in it, so it’s now the Qoros 3 or, specifically, the Qoros 3 Sedan.

Fuchsia pink-detailed Citroen DS3 announced

CITROEN has revealed a new special edition DS3 designed for people whose taste in cars could be compared to Barbie’s. The DS3 Pink will come in two trim levels, each of which will have two engine options, but both grades will share a fuchsia pink roof, door mirrors and wheel centre caps. On the inside there’s a fuchsia dashboard and a matching gear lever knob.