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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.

Bruce Weiner Micro Car auction: Day 1 wrap

Yesterday's strong bidding left many attendees in disbelief. As the gavel fell on a 1959 Goggomobil TL-400 Transporter Pickup for the top pre-auction estimate of $125,000, anyone who had dismissed RM's estimates as optimistic was reappraising the situation. Several people have brought up the legendary $112,000 sale of an Amphicar at Barrett-Jackson's Scottsdale sale in 2006.

Audi A3 Clubsport Quattro concept (2014) first official pictures

By Damion Smy First Official Pictures 15 May 2014 17:08 Audi has fired another salvo in the German power war with this: the 518bhp Audi A3 Clubsport Quattro concept. To be shown at the annual Worthersee show (which starts in Austria this week) the concept uses the 2.5-litre five-cylinder from the Audi TT RS and RS Q3 SUV. Officially, to show the A3’s ‘sportiness’, but it points to an RS3 saloon (we've already spied the hatch testing) as well as the next TT RS, which sits on the same platform.