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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.

Toyota and Lexus cars may have problems with stalling engines

More than a quarter-million Toyota cars sold worldwide--including many Lexus cars--have engines that may suddenly stall while the car is moving, Toyota said on Thursday. So far, Toyota has not recalled the vehicles, which total about 270,000 units. And its announcement in Japan did not say how Toyota discovered the problem.

Doomed Saturns, Hummers make assembly-line curtain calls

Two doomed General Motors brands--Saturn and Hummer--are getting their last hurrahs on the assembly line. GM assembled 1,037 Saturn Outlooks last month after not making any Saturns since October. “We are building out a few Saturns to utilize existing material,” GM spokeswoman Kim Carpenter said.