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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.

Fiat 500 Colour Therapy added to UK 500 range

Fiat has added the 500 Colour Therapy – a retro-look Fiat 500 – to the model range in the UK. The Fiat 500 belongs to the same school of marketing as the MINI, so a new trim range to cash in on its ‘Homage to an Icon’ status seems an obvious route to garner a few more sales for the very likeable 500. Which is why the UK is getting the Fiat 500 Colour Therapy, a new model range that sits in the 500 line-up between the Pop and Lounge trim levels and comes in five retro-inspired colours - New Age Cream, Countrypolitan Yellow, Pasodoble Red, Volare Blue, and Tech House Grey.

Video: 7 sexiest car-wash scenes on film

It's Friday afternoon, and in an effort to help you faster pass the last few hours of the work week, we want to call your attention to New York Magazine's video slideshow of the hottest car-wash scenes on film. The spread is entertaining enough in its own right, but the real fun comes from the deadpan commentary provided by Debra Gorgos of Professional Carwashing & Detailing Magazine, who critiques the scrubbing skills of these scantily dressed stars. As for the common (in Hollywood, at least) practice of using one's bikini-clad chest in place of a soapy sponge?