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News watch May 2012: 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 Friday 1 June 2012• Peugeot-Citoren has been hit hardest by a 17% drop in overall domestic sales during May. PSA saw a 28% fall in sales, with Renault suffering a 14% decline, and Fiat 21%.

Toyota announces winners in design competition (w/ Video)

Toyota has announced the winners of a sponsored design competition hosted by London's Royal College of Art. Based on the theme of ‘Intelligent Urban Living', the winners include a simple but effective vertical storage system to keep bikes out of reach of thieves and a keyboard display that makes life easier for two-fingered typists. Inspired by the design of Toyota's innovative iQ city car, which addresses many of the challenges of modern city living with its compact dimensions, the contest generated inspiration that gave a new twist to some familiar household objects and produced innovations to make modern life easier and more environmentally responsible.

Lambo Superleggera

By Ben Whitworth Motor Shows 08 March 2007 10:00 Lighter, harder, faster - the Superleggera stuns Geneva If you think it looks good in these pictures, wait until you see it in the metal – from every angle, the Gallardo Superleggera looks phenomenal. Finished in gun metal Telesto grey and carbonfibre, Lamborghini’s lightweight wonder drew crowds 10 deep at its dramatic Geneva unveiling. Shorn of 100kg, the 1330kg Superleggera – Italian for ‘lightweight’ and pronounced ‘supahlejerah’ – has pulled the rug from under Ferrari, which will only unveil its F430 Challenge Stradale early next year.