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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.
Driver prefer atlas to sat-nav
Wed, 02 Jul 2014SATELLITE NAVIGATION may have become an integral part of many drivers’ daily routine, three quarters of the UK’s motorists (76%) say they still prefer to use a road atlas to plan journeys. Drivers in a survey by the AA said they found an atlas more useful to give an overview of a journey. While satellite navigation systems are useful, a further 65% of drivers said they still use an atlas to check the sat-nav is selecting the best route.
Cadillac XTS to use modified Buick LaCrosse underpinnings
Mon, 10 Aug 2009Cadillac's next flagship sedan, the XTS, will borrow its underpinnings from the Buick LaCrosse. The XTS is the code name for the car due in 2011, and it's a two-for-one proposition. The XTS will replace the front-wheel drive DTS and the rear-wheel STS, Automotive News reports.