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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).

Heathrow congestion charge pondered

DRIVERS travelling to Heathrow could face a congestion charge should the west London airport be chosen for expansion. Bosses at Heathrow will tell the Whitehall-appointed Airports Commission there could be a case for introducing a charge once improvements in public transport in the area are delivered. Such a charge would not apply to surrounding roads such as the M25, the M4 and the A4, but would affect vehicles travelling to the airport.

Unique pre-war Lagonda saloon headed for auction

AN ULTRA-RARE V12-engined Lagonda Hooper two-door saloon from 1939 is set to headline an auction of amazing old cars. The Lagonda V12 Hooper is technically unique in history, having been built specifically for the wife of the owner of Hooper Bodies Ltd., the most noted coachbuilder of the pre-war era. Now, 75 years after it was built, it needs a complete restoration but still looks set to receive bids topping at least £75,000.