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New car sales up 7.9 per cent in May (2012) – Vauxhall Corsa best-seller

New car sales jumped 7.9 per cent in May 2012 compared to a year ago and the Vauxhall Corsa ousted the Ford Fiesta as top seller. Yes, we’re still in the depths of a recession and the Eurozone is in meltdown. Banks aren’t lending money and everyone’s tightening their belts.

2010 Lexus RX 350 gets $37,625 sticker

The redesigned 2010 Lexus RX 350 gets a sticker price of $37,625 for the front-drive model, and $39,025 for the all-wheel-drive model. The new RX goes on sale later this month. Lexus engineers have coaxed an additional 5 hp from the 3.5-liter V6, bringing the output to 275 hp.

Japan automakers extend shutdowns as quake impact widens

Japan's seven big automakers are extending nationwide production shutdowns amid growing concern about supply chain interruptions, power shortages and export difficulties following the massive earthquake and tsunami that hammered northern Japan, killing thousands. Toyota Motor Corp., one of the few automakers with a major manufacturing presence in the quake zone, suspended all manufacturing--at both assembly and parts plants--on Monday and extended the shutdown through at least Wednesday as an added precaution. The company will lose output of roughly 40,000 vehicles over the three-day period, spokesman Dion Corbett said.