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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.
Opel/ Vauxhall Zafira Tourer
Tue, 24 May 2011Following on from its Geneva motoshow debut, Opel/ Vauxhall have announced that the Zafira Tourer is to head into production. Retaining much of the concept’s overall design, the new Zafira Tourer is heralded as a ‘quantum leap’ from its manufacturers. An extensively re-designed Flex-7 seating system, focus on improved cabin quality and improved materials sees the Zafira elevated in terms of cabin luxury.
Preview: Goodwood Festival of Speed 2009 – True Grit
Fri, 20 Mar 2009By Ben Whitworth Motor Shows 20 March 2009 16:11 The 2009 Festival of Speed – held this year over the weekend of 3-5 July – will honour motorsport’s endurance heroes with a celebration of Le Mans’ 60th anniversary. ‘The Festival will pay tribute to the men who fought against the odds on the track and won,’ Lord March told CAR Online. ‘With drivers like Jochen Mass, Jacky Ickx, Jackie Stewart and Sterling Moss joining us – drivers that went the extra mile in the pursuit of victory – I’m really looking forward to seeing some of the great endurance drivers, riders and machines in action.’ The Festival will also take in a number of other important anniversaries – both Audi and Morgan will be celebrating their centenaries, the Mini will turn 50, and it will mark 40 years of Frank Williams’ involvement in Formula 1.