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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.

2013 SEAT Toledo price from £12,495

The new SEAT Toledo – sister car to the new Skoda Rapid – will cost from £12,495 when it arrives in the UK in early 2013. When SEAT told us about the new Toledo in June they said it would arrive first in the Iberian peninsula (which makes sense) at the end of 2012 before rolling out in Mexico, Turkey and Germany. But no mention of the UK.

The AutoWeek list: Top all-time convertibles for driving fun

With the first few days of summer behind us, we got to thinking about our favorite summer pastimes. Clearly they include barbecue grilling, eating ice cream and taking long drives with the top down (the cars', not ours). It's time to contemplate the top convertible rides of all time might be.