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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.
Fabulous Fords go on forever at California show
Mon, 20 Apr 2009While the Mustang got its own celebration two days earlier on the other side of the country at Barber Motorsports Park in Alabama, on Sunday, the annual Fabulous Fords Forever show in California honored all Blue Oval creations of the last 100 years. From the Model T to the new Mustang, there were hundreds of Ford cars and a few trucks spread out across the parking lot of Knott's Berry Farm in Buena Park. This was the 24th running of the show, which was started by Ford and a herd of Mustang clubs as a kickoff to the car-show season.
BMW of North America president to host Teen Driving School
Thu, 26 Aug 2010Students and teens living in Evans, Ill., will have the opportunity to attend a special driving seminar at U.S. Cellular Field in Chicago on Sept. 7.