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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.
Tis the season
Fri, 30 Nov 2012It's time to once again show the world your giving spirit. The annual Championship Auto Racing Auxiliary (CARA) auction of racing items—cool stuff gathered during the 2012 racing season—is underway. The CARA auction is run in association with Autoweek and can be found here, at autoweek.com.
New Audi A8 Hybrid at Frankfurt – on sale in 2012
Wed, 24 Aug 20112012 Audi A8 Hybrid arrives at Frankfurt Audi turned up at the Geneva Motor Show in 2012 – just a few months after the launch of the New A8 – with a fully-featured concept of an Audi A8 Hybrid. At the time we expected them to roll out the A8 with hybrid gubbins by the end of 201, but that didn’t happen. Now, Audi are bringing the A8 Hybrid to the Frankfurt Motor Show next month in full production guise, ready to go on sale in 2012.