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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%.

AMG-inspired Cigarette boat to appear at Miami boat show

Polish up those white loafers and pick up a ticket to Florida, 'cause the 2013 Miami International Boat Show is nearly here. With its aquatic focus, the marine expo is a welcome break from the long list of annual motor shows -- but that doesn't mean automakers won't play any possible angle to ensure they have a presence at the event. That's why Mercedes-Benz has once again teamed up with go-fast boat maker Cigarette to bring an AMG-inspired vessel to the show.

Volkswagen designer gets 2011 lifetime achievement award

Volkswagen Group designer Walter de'Silva was chosen for this year's Lifetime Design Achievement Award at EyesOn Design, which ran over Father's Day weekend in the Detroit area. About 260 invitation-only vehicles were in attendance at Sunday's car show on the grounds of the Edsel & Eleanor Ford House in Grosse Pointe Shores. They were chosen based on this year's theme of "Designing for the Future." Only car designers who have previously won the Lifetime Design Achievement Award were allowed to vote on a winner for 2011.