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News watch March 2010: today's auto industry news
Tue, 30 Mar 2010Tuesday 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).
Mitsubishi set to unveil three concepts in Tokyo
Tue, 08 Oct 2013Mitsubishi is planning the world debut of three concept cars at the 43rd Tokyo Motor Show 2013. The Mitsubishi Concept GC-PHEV is the first of three concepts and will be a full-size SUV powered by a PHEV (plug-in hybrid electric vehicle) system. The GC-PHEV will offer preventative safety technology and driver support technology in addition to wireless connectivity.
Mercedes-Benz teases Mercedes MLC in Alabama
Tue, 25 Oct 2011Mercedes MLC Teased As far back as June we reported that Mercedes was planning on building a rival to the BMW X6 – which we dubbed the Mercedes MLC. Which made us conclude – when Mercedes announced it was adding a fifth model to its production line at it Alabama plant in the U.S. – that the car they would be churning out would be the M-Class Coupe.