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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.

Nissan Versa Note (2014) [w/Gallery]

Nissan has unveiled its 2014 Versa Note at the 2013 North American International Auto Show (NAIAS). The new design aims to improve fuel economy through improved aerodynamics and has a drag coefficient of 0.298, achieved with the aid of Nissan's first Active Grille Shutter. The Versa Note, which uses the carmaker's global ‘V' platform, sits on a long wheelbase of 2,600mm and has short front and rear overhangs.

Infiniti Q30 revealed in full gallery of photos: Frankfurt 2013

The Infiniti Q30 Concept (pictured), full revealed ahead of Frankfurt debut The Infiniti Q30 is Infiniti’s take on the new Mercedes A-Class, and we had a single photo a few weeks ago to show us what to expect. But now Infiniti has released a full gallery of photos ahead of its debut at Frankfurt. Despite the Q30 not planned to lauch until 2015 – when it will be delivered to the world from the UK’s ever-growing car manufacturing sector – the Q30 looks production ready.