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News watch May 2012: today's auto industry news

Welcome 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-hour Friday 1 June 2012• Peugeot-Citoren has been hit hardest by a 17% drop in overall domestic sales during May. PSA saw a 28% fall in sales, with Renault suffering a 14% decline, and Fiat 21%.

Sebastien Loeb's 2014 WTCC Citroen racer revealed

This is the Citroen that will be driven by Sebastien Loeb in the 2014 FIA World Touring Championship as the brand joins the series for the first time. Based on the Citroen C-Elysee saloon, the WTCC is the first model homologated for the new regulations that come into effect next season, with the series set to kick off in Europe in mid-April. What is the Citroen C-Elysee?

Growing opposition to UK 50mph speed limit plan

UK Government plans to cut 60mph national speed limit to 50mph in 2010 By Peter Adams Motoring Issues 08 June 2009 14:21 Opposition to the UK Government’s plan to lower the national speed limit from 60 to 50mph is gathering momentum. Almost 34,000 people have now signed a petition on the Number 10 website urging the Government to ‘not reduce the national speed limit to 50mph.’  It’s become the second most popular petition on the site – ahead of similar bids to stop the Government raising university tuition fees and beaten only by one calling for Gordon Brown to resign as prime minister.Cutting the UK’s national speed limits from 60mph to 50mph: the backgroundBack in March 2009, plans were announced that the Government wanted to cut the national speed limit from 60mph to 50mph on single carriageways in rural areas. In urban areas, some 30mph limits could drop to 20mph.If steamrollered through, the sweeping change to Britain’s speed limits could be enforced from 2010.