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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).

Infiniti JX

Shanghai and New York aren't even over yet, but that hasn't stopped Infiniti releasing this teaser sketch of the car it plans to show at the Pebble Beach Concours d'Elegance this coming August. The JX luxury crossover carries styling cues 'such as dynamic and elegant line treatments' over from other Infiniti production models, whilst also drawing from the Essence concept car, sporting the 'crescent cut' greenhouse treatment. Billed as the antidote to 'ho-hum' luxury crossovers, the seven seat JX is said to offer 'exceptional seating flexibility, easy access to the roomy third row, plus the latest in-vehicle technology - challenging the status quo in its class'.

Audi A5 Sportback – first official picture

First official picture of the Audi A5 Sportback (click image for a bigger version) This time it’s Audi’s turn, with the first official picture of the soon to be revealed Audi A5 Sportback. And it’s such a shock – we’d never have guessed this is how it would look! The Audi A5 Sportback is Audi’s latest niche car in its quest to fill every niche of car (and then some) – whatever the needs and desires of the car buyer Audi is aiming to fulfill it.