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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.

Is this supercharged V8 destined for the Corvette ZR1?

This is a big week for spy shots, and apparently a friend of a friend of a “friend” snapped this little ditty of what could be the motor of the next Z06, or ZR1. Corvette Online nabbed the shot of a supercharged LT1-looking V8 mill; they cite the injector cover shape and the throttle body. The site also noted the twin-rotor supercharger with an LSA/LS9-style pulley on the front.

VW announces Mk6 Golf prices

By Ben Pulman Motor Industry 20 October 2008 12:17 VW has released prices for the new Mk6 Golf, but while the new car was rushed into production to cut costs, none of these savings seem to have been passed onto the consumer – the base 1.4 S now starts at £13,150 – £870 more than the Mk5 entry-level Golf. Along with a 79bhp 1.4-litre petrol engine, an entry level S model comes with a decent level of equipment to help offset the price increase. As standard there's ABS, ESP, seven airbags, air-con, heated and electric mirrors, body-coloured bumpers and door handles, plus a CD/radio.