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May sales slide 4 percent on rising fuel prices, tight vehicle supplies

U.S. light vehicle sales dropped 4 percent in May--the first decline since August--as rising gas prices, inventory shortages, higher stickers and economic jitters curbed demand. The pace of sales last month--11.78 million units on an annualized basis--was the year's lowest and marked the first seasonally adjusted total below 12 million units in seven months.

Call for Entries: Nissan Design Europe 'East meets West' exhibition

Nissan Design Europe has announced that it will be participating to the 2009 London Design Festival, but the Japanese automaker will not be showing a new vehicle. From September 23rd to the 25th, Nissan Design Europe will open its doors and become a creative hub hosting arts and design displays and seminars as well as leading a series of tours of the facility. Under the theme of 'East meets West: the cultural crossroads of creativity', the exhibition aims to celebrate the cross-pollination of creative industries in London, and the Japanese automaker will open some areas of its Paddington-based design studio for installations from other artists and designers.

Chrysler drops Electric Cars

The Lotus-based Dodge Circuit Electric Car - will not be made Over the last year or two Chrysler has banged on about their plans to release a raft of electric cars. In fact, they even used their electric car plans as part of the pitch for bailout funds from the US Government. They said they were developing three electric cars and they would be on sale by 2010.