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Car sales plunge, Bank of England cuts rates

New 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.

Lexus CT 200h: The emissions

Teh Lexus CT 200h has emissions of just 96g/km We have to go with the flow on this because, although we have no faith in the assertion that man is responsible for climate change, for as long as Governments penalise and promote cars based on the emissions of CO2 from their tailpipe (I know, it’s barking) we have to accept that car makers will respond to that stick and carrot. Which is why we see a raft of car makers churning out ‘Eco’ cars with a 99g/km emissions figure, as sub-100g/km of CO2 emissions is the Holy Grail for maximising tax effiecencies. Of course, Lexus has gone a step further and seem intent on producing only hybrid cars as soon as possible.

IAM Highlights Concerns Of Driving With Dementia

THE Institute of Advanced Motorists (IAM) has revealed through a new survey that a decline in cognitive abilities – for example the onset of dementia – is the greatest concern that families have about elderly relatives driving. Forty-two per cent of people who have concerns about an older relative driving have tried to discuss this with them. According to the IAM, people with dementia may still be able to drive safely for some time after it has been diagnosed, but because of the progressive nature of the disease, there will come a time when they have to give up.