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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%.

Why this year's UAW-Detroit 3 talks don't matter

Here's what you need to know about the current UAW contract talks with the Detroit 3: They don't really matter. Oh, sure, agreements must be reached and contracts signed. But some commentators would have you believe the Detroit 3's future competitiveness hinges on their ability to stand up to the UAW in this year's negotiations.

Subaru BRZ (2012) - more on FT-86's shy sister

Since the joint venture between Toyota and Subaru was announced in 2009, we've seen four concept cars from Toyota of its version, the FT-86/Scion FR-S. But barring some unfortunate-looking Impreza based engineering mules, we've yet to see the Subaru edition. That situation didn't change at the recent 2011 Frankfurt Motor Show, where Subaru once again exhibited the rear-drive platform of what we now know will be called the BRZ with a transparent bodyshell rather than production panels.