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VW e-Golf & e-Up! electric cars Frankfurt debut

The VW e-Golf & e-Up! electric cars (pictured) will debut at Frankfurt. Electric cars may be a niche market, but that hasn’t stopped car makers trying to take a piece of whatever action there is, especially as governments around the world are subsidising EVs and and their zero emissions at point of use will help (as long as they sell any) their average CO2 levels.

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.

Saturday night's all right at Barrett-Jackson auction

Auction company Barrett-Jackson has a long-standing tradition of selling cars with no reserve--meaning the car is sold to the highest bidder regardless of price--but a change in that policy saw several million-dollar sales Saturday night at the annual extravaganza in Scottsdale, Ariz. While most of the cars crossing the Barrett-Jackson auction block continue to be sold at no reserve, the auction giant offered up several classics with a reserve and the results were impressive. The top five sellers all eclipsed the magical million-dollar figure with the auction broadcast live on Speed TV.