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Used car sales return to pre-recession levels

USED CAR SALES reached 7.1 million units in 2012, on a par with pre-recession levels and a climb of 6.4%, according to a comprehensive market report. The 2013 BCA Report by British Car Auctions valued the used car market a £38.1 billion in 2012, putting it £5.8 billion ahead of the new car market over the same period. In particular sales of younger used cars (0-2 years) increased significantly, rising by 18.6% to 762,000 and reversing a three year trend of falling volumes in this age sector.

The Cavallino Classic-A celebration of everything Ferrari.

Deep in the heart of winter, Florida's Gold Coast becomes the “Center of the Universe” for Ferrari fanatics as thousands of Tifosi turn out for the Cavallino Classic. Based in Palm Beach, Prancing Horse aficionados converge on the resort town that is also an island for a four-day convention celebrating the art of a certain Italian automobile. While there was a preponderance of rosso corsa (race red) on the greens, the objects of Enzo's intentions displayed a surprisingly vivid pallet that ranged from silver to yellow, to blue metallic and even Dennis Nicotra's inspiring 1953 matte black-finished 166MM, making its debut after an extensive restoration.

2015 Hyundai Sonata shows off at the New York auto show

Hyundai dished more details about its redesigned 2015 Hyundai Sonata at the New York auto show, including plans to introduce a “Sport” trim level for the U.S. market to compete with the Toyota Camry SE and Honda Accord Sport. “We were actually able to do quite a lot,” to differentiate the sporty Sonata version and a couple more variations, said John Shon, product planning manager for Hyundai Motor America.