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May sales slide 4 percent on rising fuel prices, tight vehicle supplies

U.S. light vehicle sales dropped 4 percent in May--the first decline since August--as rising gas prices, inventory shortages, higher stickers and economic jitters curbed demand. The pace of sales last month--11.78 million units on an annualized basis--was the year's lowest and marked the first seasonally adjusted total below 12 million units in seven months.

BMW 3-series Touring estate (2012) first official pictures

BMW has unveiled the new 3-series Touring estate. It goes on sale on 22 September 2012 in UK dealers, priced from £26,180. Although not a big seller globally - it accounts for just 6% of 3-series sales globally - the Touring is popular in Britain, where it makes up 15% of all Three sales.

Honda delays Civic redesign

Honda's redesigned Civic will not arrive until 2011, well past the typical five-year product cadence that would have landed the next-generation subcompact in dealer showrooms this fall. Changing market conditions and tougher fuel economy and emissions regulations affected the development of the upcoming Civic, John Mendel, American Honda Motor Co.'s executive vice president, said in an interview. Mendel said the next Civic would come next year, although he declined to give a specific month.