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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.

Mercedes SL Night Edition & Mercedes SLK Grand Edition launched

The Mercedes SL Night Edition and SLK Grand Edition But I suppose there is some logic. For all the reasons above people tend not to buy convertibles – even tin-top convertibles – at this time of the year. They’re wrong, mind you, as we pointed out a few weeks ago.

The UK’s best-selling car is… a toy car

Forget the Ford Fiesta. With 2012 sales of a ‘mere’ 109,625, it has to relinquish its best-selling status to this young gun – the Cozy Coupe. The ever-popular children's toy, littering many a hallway across the land, sold around 143,000 in 2012.