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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%.

Audi A1 – Finally

Audi finally release details of their new 'Mini' - The Audi A1 We said only yesterday that we weren’t going to run another story on the new Audi A1 until we got some proper meat. Audi has dragged out the reveal of the A1 – from original concept 2 years ago to the endless recent teases – so much we just felt there was nothing more worth saying. But now there is after Audi decided enough was enough and has given us some proper information and photos of the A1.

VW Polo R WRC Street Limited Edition – but not for the UK

Volkswagen has revealed a production version of its Polo WRC car – the VW Polo R WRC Street – as a limited run, but not for the UK. Volkswagen has revealed a limited run VW Polo R WRC Street to coincide with their foray in to WRC with the Polo, and it goes on sale this month – but not for the UK. The LHD only Polo R WRC Street gets the 4WD platform Audi has developed for the A1 together with a 2.0 litre TSI producing 220bhp, delivered to all four wheels through a six-speed manual ‘box, enough to scoot the Polo R WRC to 62mph in 6.4 seconds – quicker than the Golf GTi.