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Despite premium carmakers going downmarket, luxury auto sales stick at 10-11%

According to research conducted by global information company IHS Automotive, the leporine birthing of new models by luxury manufacturers over the past six years hasn't increased their market share in the US. Even as car sales reached 15.6 million units, IHS says what's happened instead is that luxury buyers are merely moving from one brand to another, moving from larger luxury vehicles into hot segments like compact luxury crossovers or leaving the market at the same rate as other buyers enter.
Whether broken out by makes or by segment, market share has rollercoastered inside a narrow band from 10.5 to 11.5 percent since "at least" 2008. Closer investigation reveals the shifting boundaries in the aspirational pond, with brands like Mercedes-Benz and Audi gaining territory as Lexus and Lincoln lost it, and Saab and Hummer were buried, dead, under it. One neat note is that Tesla has gone from a share of zip to .12 percent.
The subcompact and compact crossover segments show growth, with those little high-riders jumping from .3 percent to 1.16 percent of overall industry sales. Their rise, though, is concomitant with the decline of four other segments: compact and midsize cars and fullsize cars and SUVs. We think the next few years that will tell if the small-car expansion can overcome the large-car retraction, with a phalanx of smaller offerings like the CLA only recently hitting the market and others like the GLA, Macan and Q1 doing so in the near future.

Paul Walker's father sues Porsche

Porsche will reportedly face another wrongful-death suit in connection with the death of Paul Walker. This latest suit, according to USA Today, was filed by the late actor's father and the executor of his will. In the suit, Paul William Walker III claims that the Porsche lacked the safety equipment that could have saved the life of his son, actor Paul William Walker IV. The case dates back almost two years, to the day when Walker and his associate Roger Rodas were traveling in a 2005 Porsche Carrera GT. Rodas lost control of the car, which struck a lamppost and two trees on Hercules Street in Santa Clarita, CA. A fire erupted after the crash and both Rodas and Walker (who was riding in the passenger seat) were killed. The ensuing investigation determined that unsafe speeds were at fault, however grieving members of the deceased victims' families have launched a series of lawsuits – including several directed against the German automaker – in the aftermath. Walker's father previously sued the Rodas' estate over the ownership of a collection of cars estimated to be worth some $1.8 million. Meanwhile Rodas' widow Kristine has also filed a wrongful death suit against Porsche. And just this past September, Walker's 17-year-old daughter and heiress Meadow filed another wrongful death suit, also against Porsche. In response to the latter, Porsche spokesman Calvin Kim wrote to Autoblog: "As we have said before, we are very sad whenever anyone is hurt in a Porsche vehicle, but we believe the authorities' reports in this case clearly establish that this tragic crash resulted from reckless driving and excessive speed." This latest lawsuit filed by Walker's father alleges that the Carrera GT should have been equipped with stability control, reinforced doors, and a breakaway fuel line – features that, the plaintiff asserts, could have saved his son's life. According to USA Today, Porsche recently claimed in court that the vehicle in question had been modified and improperly maintained. Those factors could have led to the accident that claimed both Walker's and Rodas' lives. Walker was an actor who made his debut in television before appearing in movies like Varsity Blues, The Skulls, and Flags of Our Fathers. He will perhaps be best remembered, however, as the star in the Fast and Furious series – the most recent installment of which was completed posthumously with the help of his brothers and computer animation. The California native was 40 years old.

1986 Porsche 959 Prototype at Barrett-Jackson sees gavel fall at $440,000 [UPDATE: w/video]

Fans of Porsche in America have longed for the chance to buy a 959 ever since the German automaker produced and sold it (well, sold it everywhere but the United States...) in the 1980s. Well, they just had their chance. The car you see above is a Porsche 959 prototype built in 1986, and only one other running prototype still exists.
The 959 prototype can't be driven on public roads, as it carries no such certification. Somehow, we doubt that matters all that much to the new buyer - this one is probably going to be sitting in a collection. When the gavel finally fell, bidding had reached $400,000, plus a 10-percent buyer's fee.
Check out our high-res image gallery above to see this prototype up close, and scroll down below to watch a video of it crossing the auction block and for its official auction description.