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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.

2014 Mercedes-Benz S-class gets price cut

The 2014 Mercedes-Benz S-class will start at $93,825 when it arrives in dealerships in October. That’s $2,100 less than last year’s entry-level model. The S550 4Matic, coming in November, will sticker for $96,825, and the rocket-powered AMG will hit your wallet for $140,425.

Price set for four-cylinder Honda Crosstour

Honda on Friday announced pricing for the 2012 Honda Crosstour. The new base model of the crossover will have a four-cylinder for the first time and will carry a sticker price of $28,465, including an $810 destination charge. The upgraded EX-L Navi model will sticker for $33,615.