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Hyundai increases its European Market share by 10%

Despite a weak car sales market across Europe, Hyundai has managed to increase its market share in January 2013 by almost 10 per cent. As we reported just the other day, the European car market is in a bit of a mess with sales down by 9.6% in January 2013 and even the mighty sales of the VW Golf – Europe’s best-selling car – dropping by 17.8 per cent. But despite the European car market falling back, Hyundai has managed to increase its market share in Europe by almost 10 per cent, from 3.3 per cent in January 2012 to 3.6 per cent in January 2013.

Ten days and counting, China traffic jam extends 60 miles

Tuesday marked the 10th day of a traffic jam extending more than 60 miles on China's Beijing-Tibet Expressway. The congestion is a result of road construction that is expected to continue until mid-September, the Associated Press reported. At one point, vehicles were moving little more than a half-mile a day.

Honda Fit gets new color for 2013, base price stays the same

The 2013 Honda Fit carries a base sticker price of $16,115 including $790 destination—the same as that of the 2012 model—when it arrives in dealerships on Tuesday. Changes for 2013 consist of a new exterior color, named midnight plum pearl. The orange burst metallic paint is canceled.