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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.

Mercedes SL facelift (2008): first official pictures

By Ged Maxwell First Official Pictures 23 January 2008 10:20 With inspiration apparently coming from the stunning 1954 Gullwing, this is Mercedes' facelifted SL. With a new entry-level engine, Merc's clever Airscarf system, and a different front end, this second and final facelift should see the SL through until the next decade. That new nose is the most obvious change.

All-new Ford F-150 revealed at 2014 Detroit Motor Show

Ford has revealed an all-new version of the States' bestselling vehicle, the F-150 pick-up – and in a world first, the US favourite boasts an all-aluminium body and lightweight, high-strength steel frame. The new Ford F-150 is more than 300kg lighter than the model it replaces and, thanks to four engine choices including an all-new downsized 2.7-litre EcoBoost turbo, is much more fuel efficient too. Given that Ford sold a staggering 763,402 F-150s in 2013 alone, these changes will have a very positive effect in terms of the new model's environmental impact.