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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.

Porsche 911 Turbo S (2010) revealed +video

Porsche has revealed the 2010 911 Turbo S - sales start May. Porsche has a habit of sticking the ‘S’ badge on the back of its Turbo cars as a Special Edition or run-out model. It did it with 993 and 996 911s, but this time the 997 Porsche 911 Turbo S is to be a stand-alone model at the top of the 911 tree.

P1 reborn: the return of the P1 supercar club

There's been a whopping great global recession, in case you hadn't noticed. P1, which was Britain's original supercar club, was struggling to repay asset finance repayments of £100,000 a month to fund its fleet of droolworthy cars – and nobody would buy supercars when P1 tried to sell. The market for top-end cars had frozen at the exact time that P1 most desperately needed the dosh.Eventually the banks called the loans in, as they had identified the supercar market as wobbly business they didn't want during a banking crisis.