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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).

Pebble Beach Automotive Week and Monterey Classics Week 2013 preview

Newspress If you love cars, one little corner of the globe will be irresistibly calling out to you this week. The air around Pebble Beach and the Monterey Peninsula in California is throbbing with the engine notes of world’s greatest, fastest, newest and most valuable cars. It’s Pebble Beach Automotive Week and Monterey Classics Week 2013, a loose collection of glittering world-class car events bringing together an incredible collection of jaw-dropping exotica from across the entire automotive spectrum.

Looking for treasures at the Hershey swap meet: Hagerty Classic Car TV

Hagerty Classic Car TV is back with news from the Antique Automobile Club of America Fall Meet in Hershey, Pa. Host Matt Richmond takes us to the auction and swap meet. We get to see some locals who have attended the show for years.