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News watch May 2011: today's auto industry news

Come 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-hourTuesday 31 May 2011 • Canada will look to sell their 1.7% share in Chrysler to Fiat, but will be biding their time to see what the US goervment obtain for their own share first.  (autonews.com)• Nissan's St Petersburg, Russia assembly plant will shut down for five days due to lack of engines. The plant, which builds the X-Trail, Murano and Teana midsize saloon models, receives its engines from Japan.

Ferrari future products: Replacements due for the 430 Spider, the 599 GTB Fiorano

Ferrari will replace two of its five core models, the 430 Spider and the 599 GTB Fiorano, in the next two years, while adding a sportier variant to its best-selling model, the 458 Italia. Here is a look at Ferrari's future product plans: 458 Italia: U.S. shipments of Ferrari's best-selling model began in June last year.

Dusting off chavs in a 1963 Jaguar Mark II 3.8

The guy in the baseball cap with the gold sticker still on the peak glanced across and registered nothing. The empty sound of 1.6 litres of Citroen’s finest fell impotently out through an exhaust pipe larger than a drain. Content in the thought that he did not need to worry about the old-fashioned chrome laden crock next to him, the lights turned to amber and he drew his elbow in through the window as the glow of blue LEDs emanating from under the sills launched down the road, followed by the un-silenced sound of French chipped distress.