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Peugeot Exalt concept to bring shark skin suit to Beijing

Peugeot has 'accidentally' leaked an image of its Exalt concept car ahead of its debut at the Beijing auto show next Sunday. The four-door sedan follows the form language introduced by the 2010 SR1 concept, but is perhaps most closely related to the Onyx of 2012 in terms of execution if not format. As with the Onyx, the Exalt features a series of innovative, natural materials – something PSA design director Jean-Pierre Ploué confirmed to Car Design News would become a Peugeot hallmark – including an exterior surface finish inspired by shark skin.

News watch March 2011: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Thursday 31 March 2011• US President Barack Obama has strated all US government cars and trucks purchased from 2015 must be alternative-fuel vehicles (Automotive News)• Nissan CEO Carlos Ghosn has denied a report in Japan's Nikkei newspaper that he is leaning towards a formal merger of Nissan and Renault (Reuters)• Fiat CEO Sergio Marchionne says that Chrysler's share IPO may now take place in 2012, depending on financial progress this year (Bloomberg)Wednesday 30 March 2011• Tesla CEO Elon Musk has called a report that the EV carmaker is a takeover target 'bad analysis' and remains confident the firm will stay independent (Bloomberg)• The BBC denies that it rigged a December 2008 Top Gear TV test of the Tesla Roadster, in response to being sued by the EV carmaker (BBC News)• First Group, the UK's largest public transport operator, has announced a £160m investment in new buses, ordering 955 new buses from UK manufacturers Wrightbus and Dennis over the next two years (BBC News)• Japanese production woes look set to continue into April. Toyota expects the majority of Toyota and Lexus production on 14 April (Automotive News)• Saab production has re-started again, following a half yesterday afternoon.

Hyundai i40 / Sonata launches

The new Sonata / i40 has launched in Korea The Sonata – which will be the Hyundai i40 in Europe – is yet another very convincing new model from the Koreans. Gone is the very boring old Sonata and in comes the very European style i40. It is a somewhat derivative design – from the  ’Coupe Saloon’ school of design – but that’s a positive for a budget car maker like Hyundai.