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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).

Pininfarina adds product-development director

Starting on Dec. 1, Andrea Maria Benedetto will serve as Italian car-design firm Pininfarina S.p.A.'s product-development director. Benedetto, who last served as the vice president of body and chassis function in the research and development division of Toyota Motor Europe, will organize engineering and R&D activities.

College Exhibition: Braunschweig University of Art Show 2006

Transportation Design students from Braunschweig University of Art in Germany presented their work at the 2006 graduation show held in July. The show displayed final thesis projects as well as internship and sponsored projects from the last term. The diploma projects included: eXplorius - Hydrofoil Sailing Yacht Arnold Freidling This mobility concept introduces hydrofoil technology into the sailing yacht class and presents an innovative approach within the traditional sailing yacht field.