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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.

Latest cars crash tested by Euro NCAP

CRASH TEST results have been announced by the European vehicle safety body Euro NCAP, after testing of the latest new cars to reach the market. Amongst the vehicles tested were the Mercedes-Benz CLA, the Jeep Cherokee, the Peugeot 2008 and the Suzuki SX4. Despite varying on cost and size, all four of the vehicles tested scored the maximum five star overall rating.

Mazda Furai concept burns in Top Gear's hands

It's the 20th anniversary of Top Gear -- the magazine anyway -- and as it celebrates its 20th anniversary, the magazine has copped to the destruction of the Mazda Furai concept, which caught on fire while in its possession an unspecified length of time ago. "The 20th anniversary collectors" edition of BBC Top Gear magazine…reveals a host of until-now untold secrets," says a statement from the magazine's publisher, "including the truth behind the mysterious disappearance of Mazda's astonishing Furai concept (hint: it involves the East Anglia fire service)." Well, that sucks. Look at that picture above!