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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.

Let-off for 29-point takeaway driver

A TAKEAWAY driver found using an unsafe car has been given 18 penalty points in one hit, but is still allowed to get behind the wheel. Ala Udin pleaded guilty to a string of motoring offences when he appeared before magistrates in Aberystwyth, Mid Wales. The 44-year-old father turned up to court with 11 points already on his licence and knowing that getting just one more would tip him over the ban threshold.

Ferrari F12: Best Supercar & Luxury Car

The Sunday Times has voted the new Ferrari F12 Berlinetta as its best Supercar and best Luxury car ahead of the first F12s arriving in the UK. The gripe we had was that the gong was awarded on nothing more than a good look at the new Range Rover and a brief ride as a passenger. Which rather taints the accolade.