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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.

Nissan Juke (2010): the crossover née Qazana

By Tim Pollard First Official Pictures 07 January 2010 10:36 Nissan has just released this solitary teaser photo of the new Nissan Juke – the production name for the concept car formerly known as Qazana. It's our first official look at the Juke, which we had scooped over Christmas. It'll be Nissan's third crossover in Europe, slotting into the line-up beneath the Qashqai and Murano.

Ferrari's 599 roadster (2010): first details

Ferrari’s next new model will be a 599 roadster, Ferrari chairman Luca de Montezemolo told journalists in London last night.  ‘A lot of our clients are saying they want an open, 12-cylinder car with very sporty performance. At Pebble Beach, we will present this car,’ said de Montezemolo. Yes.