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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.

Who's Where: Gordon Murray launches own design company

Famed Formula One designer Gordon Murray has launched his own design company, with its first project currently underway. But it's not quite what you might expect from someone who's made a name for himself building such aerodynamic performers like the McLaren F1 and Camparo T1 supercars. Murray's new project is to build an economical small car for the masses: one that would be both cheap to buy and to run.

'Rat run' short cuts make journeys slower

DRIVERS taking "rat-run" short cuts could actually be making their journeys slower, according to a survey. Congestion at the busiest times on local roads is twice as bad as on main highways, the poll from traffic information company TomTom found. It also revealed that traffic congestion in cities across the UK has got significantly worse over the past year.