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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).

New Porsche Macan leaks out

New Porsche Macan leaks out Porsche has been on a mission to raise interest in the new Macan, and we’ve had teaser photos of the Macan and video of the new Macan playing on the sand dunes. Now we get the first undisguised photos. The Macan photos (above) are from Auto Motor und Sport magazine and leaked out online with almost three weeks to go until the Macan gets its official reveal in Los Angeles.

Car Design News to host a trio of events around Beijing auto show

As the automotive world looks forward to Beijing, and what promises to be one of the most significant auto show in this year's calendar, Car Design News is actively contributing to the focus on China by hosting three events – CDN Interior Motives China Conference, Car Design Awards China and Car Design Night. CDN Interior Motives China Conference Our annual CDN Interior Motives China Conference takes place over the weekend of 21-22 April, immediately prior to the opening of the motor show. The theme of this year's conference – ‘Chinese Car Design 2.0 The foundations are in place; let the creativity begin' – neatly sums up the challenge facing designers in the world's largest car market.