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54,000 learner drivers have points

54,000 LEARNER DRIVERS have received penalty points on their licences before even passing the driving test. This equates to 22% of all learner drivers on the road and the majority (60%) are for speeding offences. Other common causes for learner drivers to accumulate penalty points on their provisional licence include jumping a red light (43%), driving without insurance (33% and driving carelessly (15%).

UK car sales slump as credit crunch bites

By Nigel Wonnacott Motor Industry 07 July 2008 13:18 It’s finally happened. The new car market has succumbed to the economic slowdown and punters are staying away from showrooms in droves. Latest figures from industry trade body the SMMT showed an 11.9 percent fall in private sales in June 2008 to 83,425 cars.

Ford's net profit slips to $1.65 billion for the third quarter

Ford Motor Co., hurt by accounting changes related to commodity prices, said third-quarter net profits fell slightly to $1.65 billion from $1.69 billion a year earlier. Pretax profits fell to $1.94 billion from $2.06 billion a year earlier. North American pretax operating profits were essentially flat from the year-earlier period at $1.6 billion.