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News watch March 2011: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Thursday 31 March 2011• US President Barack Obama has strated all US government cars and trucks purchased from 2015 must be alternative-fuel vehicles (Automotive News)• Nissan CEO Carlos Ghosn has denied a report in Japan's Nikkei newspaper that he is leaning towards a formal merger of Nissan and Renault (Reuters)• Fiat CEO Sergio Marchionne says that Chrysler's share IPO may now take place in 2012, depending on financial progress this year (Bloomberg)Wednesday 30 March 2011• Tesla CEO Elon Musk has called a report that the EV carmaker is a takeover target 'bad analysis' and remains confident the firm will stay independent (Bloomberg)• The BBC denies that it rigged a December 2008 Top Gear TV test of the Tesla Roadster, in response to being sued by the EV carmaker (BBC News)• First Group, the UK's largest public transport operator, has announced a £160m investment in new buses, ordering 955 new buses from UK manufacturers Wrightbus and Dennis over the next two years (BBC News)• Japanese production woes look set to continue into April. Toyota expects the majority of Toyota and Lexus production on 14 April (Automotive News)• Saab production has re-started again, following a half yesterday afternoon.

One Lap of the Web: Forsberg can't stop, won't stop drifting

-- Jann Mardenborough won the "Nissan GT Academy" back in 2011 and since then has finished on the podium at the 24 Hours of Le Mans, as well as participating in the Infiniti Red Bull Racing driver program with aspirations of Formula One. He explains what it's like to move on from video games -- which he started playing at age 7 -- and transitioning into real sports cars. Mardenborough, it must be said, once drove too fast in British GT to be considered an amateur, but not quick enough to enter the pro class -- and race organizers, who didn't know what else to do, gave him a time penalty so the amateurs could catch up.

Report: Britain averaged over 50mpg in 2013

Land Rover According to the latest figures from industry body the Society of Motor Manufacturers and Traders (SMMT), Britain averaged OVER 50mpg last year. The institution analysed efficiency figures for all new cars sold in the UK in 2013, working out the average CO2 emissions from the 2.26 million cars sold in Britain last year and coming up with a figure of 128.3g/km. On Bing: see pictures of vehicle CO2 emissionsFind out how much an economical used car costs on Auto Trader　 That’s already below the 130g/km CO2 average target manufacturers have set themselves for 2015 and marks a 16th successive year of reductions.