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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.

Porsche 911 parade at Silverstone Classic hits record breaking 1,208

1,208 Porsche 911s hit the Silverstone track to celebrate Porsche-s 50th anniversary Last month, we reported that plans by Silverstone Classic to run a record-breaking parade of Porshe 911s to celebrate the 50th anniversary of Porsche had garnered so many applications that Silverstone has to stop accepting applications nearly two months ahead of the event. Now the 2013 Silverstone Classic 911 Parade has happened it seems Silverstone decided to go for broke, and instead of the originally planned parade of 911 911s, they actually managed to drive 1,208 911s round the Silverstone track at the same time – a new record. As well as 1208 911s, Porsche and the organisers of the Silverstone Classic managed to entice a number of names along too, including Mark Porsche – great grandson of Porsche founder, Ferdinand Porsche – former F1 and Le Mans driver Derek Bell and Le Mans drivers John Fitzpatrick and Richard Attwood.

Jaguar's E-Type sculpture unveiled at Goodwood

As is tradition at the Goodwood Festival of Speed, organizer, Lord March has commissioned a dazzling art piece to dominate the skyline above this year's event. Two years ago, Audi showcased a 1937 Auto Union Streamliner and a R8 V10 as part of its display, whilst last year Alfa Romeo displayed an 8C honouring the brand's centenary. This year it's Jaguar's turn to that take pride of place in front of Goodwood house.