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Studio Torino offers Porsche Cayman-based Moncenisio

Studio Torino, the firm that brought us the little known RK Spider and RK Coupe -- both based on Porsches -- is sending another vehicle to market this November called the Moncenisio. The Moncenisio is based on the 2013 Porsche Cayman S, and will carry all of the same mechanicals, with a body designed by Daniele Gaglione. That means a power output of 325 hp and 272 lb-ft of torque.

Mitsubishi subcompact hinted for US

Desperate for new models to bolster their limited lineup, Mitsubishi dealers recently got a glimmer of hope with news that an entry-level sedan may arrive stateside in 2015. The dealers were shown a rendering of the subcompact at the brand's regional dealer meetings held during the first two weeks of April, according to attendees and Mitsubishi Motors North America. The company told dealers it is targeting a 2015 release for the vehicle, attendees said.

Used car sales return to pre-recession levels

As the UK’s buoyant new car sales figures continue to buck the European trend, it was only a matter of time before this had a positive knock-on effect on sales of used cars. Now, according to figures released in the latest BCA Used Car Market Report, used car sales hit 7.1 million last year, outpacing new car sales by 6.4% and, even more crucially, returning to pre-recession levels. Best used car buys for 2013 On Bing: see pictures of used cars In fact, a record £38.1 billion worth of used cars were sold in 2012, £5.8 billion more than was spent on new cars.