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Car sales plunge, Bank of England cuts rates
Thu, 06 Nov 2008New car sales plunge in October: Renault sales were down by more than half By Nigel Wonnacott Motor Industry 06 November 2008 12:30 Following the sixth monthly decline in new car sales this year (down 23% this month), economists have revised market forecasts downwards, while the Bank of England has cut interest rates by 1.5%. October’s 23% drop was the worst so far and trade body SMMT now fears sales could end the year at just 2.15 million cars. That’s 8% lower than the 2.34 million predicted to leave showrooms back in January and would be the worst market performance in more than a decade.
Mitsubishi tease new model ahead of Geneva. New Outlander based on PX-MiEV II, perhaps?
Thu, 19 Jan 2012Mitsubishi Tease a new car ahead of Geneva 2012 Mitsubishi are teasing a new model for the Geneva Motor Show in March. Could it a be new Outlander based on the recent PX-MiEV II Concepts? We’ve only just got over the Detroit Motor Show reveals, and car makers are already queuing up to tease us with offerings for the Geneva in March.
Spanish street named after car racing video game creator
Fri, 13 Dec 2013THE SPANISH town of Ronda has named a street after the creator of car racing phenomenon Gran Turismo. Kazunori Yamauchi, the man behind all six Gran Turismo games and their respective PlayStation spin-offs, was honoured in an on-street ceremony by the Mayor and Deputy Mayor of Ronda, where the new street sign was unveiled. Paseo de Kazunori Yamauchi runs along the edge of the stunning ravine that makes Ronda a popular tourist destination.