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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.

McLaren P1 almost sold out

The McLaren P1 (pictured) is almost sold out The last time McLaren decided to build a supercar to beat all supercars was with the McLaren F1 but, despite it’s huge ability and now iconic status – and huge value – they had to give up making it after just 64 cars as they couldn’t find buyers. Fortunately – for McLaren are a bit stretched non all fronts at the moment – it seems that history isn’t repeating itself with the new McLaren P1 as reports today suggest the P1 is all but sold out. Autocar are reporting there are just a handful of the 375 P1s left to sell, with the P1 allocation for America, the Middle East and Asia already sold out and just a handful of cars left for Europe and other parts of the world.

Vettel and Webber make it a 1-2 for Red Bull in China

Red Bull's Vettel and Webber celebrate their 1-2 in Shanghai [ad#ad-1] This is the most topsy-turvy start to a Grand Prix season in many a year. First we have a rookie team – Brawn GP, which didn’t even exist a few weeks ago – taking the lead and winning the first two races of the season. And now, in Shanghai at the Chinese Grand Prix, Red Bull has achieved its first ever F1 win with a stunning 1-2 by drivers Sebastian Vettel and Mark Webber After two days of high temperatures and sunshine the Shanghai Grand Prix set off in a procession behind the safety car in torrential rain, and stayed that way for the first eight laps.