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Citroen GT (GTbyCitroen Concept) – in the flesh

The GTbyCitroen Concept (Citroen GT) is making a Summer tour of Motor Events in Europe Which all fits very well with Citroen’s desire to reposition itself as a Premium Brand. The new range of Citroen DS models is part of that way forward, and Citroen obviously believes – probably quite rightly – that the Citroen GT is potentially a great ‘Halo’ model for the company. So Citroen are going to spend the Summer schmoozing with the Citroen GT at some high profile events.

Toyota leaves F1

Toyota are quitting F1 It’s not exactly a huge surprise, but Toyota has announced today that they are leaving Formula One and will not be back in 2010 to take their place. With the announcement that Bridgestone are also quitting F1 after 2010, and the departure of Honda before the 2009 season started, there is going to be no Japanese involvement in F1. Which is rather sad for a nation that loves its cars.

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.