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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.

2013 Ford Kuga: Price from £20,895

The 2013 Ford Kuga will cost from £20,895 for the entry-level Kuga 1.6T EcoBoost  150PS Zetec, rising to £29,545 for the Kuga 2.0TDCi  163PS AWD Titanium X. The starting point for entry in to the new Kuga is the  1.6T EcoBoost  150PS Zetec with FWD, which costs £1,000 less than the equivalent outgoing model, rising to the range-topping Kuga 2.0TDCi  163PS AWD Titanium X with all its bells and whistles for a shade under £30k. In fact, Ford say that all the like-for-like models in the new Kuga range actually come in at a lower price than the old model, citing the best-selling 2.0-litre TDCi 163PS model which, at £25,545, is £355 cheaper than in the current Kuga.

Toyota Hybrid X concept (2007): first official pictures

By Tim Pollard First Official Pictures 16 February 2007 09:47 Toyota Hybrid X: the lowdown Toyota's love affair with the hybrid continues: it'll show this Hybrid X at the Geneva Motor Show next month, hinting at a second Toyota hybrid to sell alongside the Prius. It's designed to showcase Toyota's new hybrid design language - a fresh look for its high-tech petrol-electric models, to differentiate them from its more conventional-fueled models. More excitement, less prosaic ordinariness, is the order of the day.