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News watch Jan 2010: today’s auto industry news

Wednesday 20 January 2010• Rolls-Royce has appointed Torsten Mueller as chief exec from the end of March 2010. He is currently BMW's global product management boss and will replace Tom Purves who will retire after 25 years with the BMW Group (Rolls-Royce)• Japan has bowed to pressure and extended its scrappage scheme to include American brand vehicles. Many had been barred from the scheme because they had different fuel economy standards (Automotive News, subscription required)• New GM Europe CEO Nick Reilly has vowed that Opel and Vauxhall will become a global company.

Mercedes-Benz axes Maybach

High ranking Mercedes-Benz sources have confirmed to Autoweek that the underperforming Maybach brand will be officially killed off in 2013. The decision to disband Mercedes-Benz’s upper luxury marque comes after a decade of disappointing sales for the Maybach 57 and 62 and a recent decision from the German car maker’s chairman Dieter Zetsche not to push ahead with the development replacement models – the likes of which were tentatively due out in 2014 – owing to what one insider describes as a “positive move to focus greater attention on the Mercedes-Benz brand” . “We’ve come to the conclusion that it is better to cut our losses with Maybach than to continue into an uncertain future with a brand that has failed to live up to original sales expectations," the insider said.

Porsche Panamera prices announced

By Ben Pulman Motor Industry 12 March 2009 12:50 Porsche has announced UK prices for its Panamera, and that all PDK-equipped cars will come with stop-start technology - the ‘entry-level’ S starts at £72,266, rising to £95,298 for the range-topping Panamera Turbo. By comparison, a Cayenne GTS is £54,085 and a Cayenne Turbo is £75,137 For a start there’s the 493bhp twin-turbo 4.8-litre V8 mated to Porsche’s four-wheel drive system and seven-speed double-clutch PDK gearbox. Then there are also 19-inch wheels, adaptive air suspension, a 14-speaker Bose sound system, metallic paint, heated front and rear seats and a multi-functional steering wheel.