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Lexus needs excitement in post-LFA era

Lexus' 552-hp V10 halo car, the LFA sports coupe, drives into the sunset at an awkward time for the luxury brand. During the LFA's two-year production run, which ended Dec. 14, it was positioned as the ultimate expression of Lexus quality and performance -- and carried a $375,000 sticker to match.

Volkswagen to launch budget brand, priced from £4800

Volkswagen is planning to launch a new budget brand to challenge the likes of Dacia – and the bargain basement minis will be sold in Europe too. Prices for the yet-nameless new cheap VWs will start from just €6000, or £4800, according to paperwork seen by CAR. How can VW build city cars so cheaply?

Porsche introduces Panamera Platinum Edition

The Porsche Panamera is already one of the top executive sedans on the road today. But in case there's any doubt, the company has added a Platinum trim to the lineup, moving the vehicle even further upscale. It will be offered for both rear- or all-wheel drive versions.