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European new car sales in record LOW

European new car registrations have plunged to their LOWEST level on record after slow August sales reversed an upturn in July. Registrations of 7,841,596 new cars between January-August 2013 marked a new low for the European new car market of 27 countries – so few cars have never previously been recorded since records began in 1990. 2013 UK new car sales forecast revised upwards European new car sales continue to struggle The UK new car market is the sole exception: so far this year, new car registrations have risen 10.4%, compared to the European decline of 5.2% in the same time period.

Toyota recalls another 2.17 million U.S. vehicles

Toyota Motor Corp. said Thursday it will recall 2.17 million Toyota and Lexus vehicles in the United States to inspect and repair accelerator pedals that may get trapped in floor mats or carpeting. The automaker said more than half of the recalled vehicles--1.54 million units--are being added to a giant 2009 recall to inspect and repair accelerator pedals that may get trapped in floor mats.

2012 Lamborghini Aventador completes a mad trio of supercars headed to market

If you thought the struggling global economy or high fuel prices might be hurting the world's supply of top-notch supercars, think again. Since March, AutoWeek editors have taken the wheel of not one, not two, but three of the most insane superperformers on the planet: the McLaren MP4-12C, the Ferrari FF, and most recently, the Lamborghini Aventador LP700-4. We see a few common threads: lots of lightweight aluminum and carbon-fiber materials, engines punching out more than 590 hp, automated-manual gearboxes, and prices that put them up against the average price of a three-bedroom home in most markets.