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U.S. is seeking a record $16.4 million fine against Toyota

The National Highway Traffic Safety Administration is seeking a historic $16.4 million civil penalty against Toyota for failing to notify the agency in a timely fashion of a throttle problem that could cause unintended acceleration, Transportation Secretary Ray LaHood said on Monday. The amount is the maximum penalty and would be the most NHTSA has levied against an automaker. The agency said Toyota waited at least four months to alert it of the potential pedal problem.

New car sales soar in 2014

NEW CAR SALES in the UK and most of Europe are up for the first half of 2014 compared to the same period last year. The UK recorded a 10.6% rise in new cars sales against a European average increase of 5.8%. Out of all the countries in the European market, 24 out of 30 showed an upturn in new car sales between January and June 2014.

Volkswagen to take over Porsche

VW now seem set to take control of Porsche Porsche need a way out of the hole they are in and VW is the best way out. The two warring side of the Piech family – owners of VW and Porsche – now appear ready to swallow hard and see the inevitable happen. But will it be so bad?