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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).

Porsche 911 Sport Classic (2009) first official photos

By Tim Pollard First Official Pictures 02 September 2009 09:05 Here's a special edition to slaver over: Porsche today announced plans to build a limited run of the new 911 Sport Classic. Inspired by the Carrera RS 2.7 in parts of its wardrobe, the 911 Sport Classic will be built in very limited numbers with just 250 cars planned. Perhaps on account of its price – it'll cost well over double the cost of a regular 911 Carrera S...The 911 Sport Classic is designed to showcase the bespoke skills of Porsche Exclusive, Stuttgart's do-anything-for-anyone personalisation division.

GM-CDN Interactive Competition Update

The GM-CDN Interactive Competition is in full flow, and by the time you read this, over 50 entries will have been uploaded to the competition site. We encourage all of our readers to head over to the Car Design Contest page to see what's going on and participate. If you're a design student in North America, make sure you get your entry in as the interior phase of the competition closes soon.