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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.
Infiniti Q50 revealed ahead of Detroit
Fri, 03 Jan 2014Infiniti has released an image of a new Q50 Eau Rouge concept ahead of its debut at the Detroit Motor Show on January 13. The Eau Rouge is based on the Q50 saloon, and the company says it draws inspiration from the collaboration between Infiniti and Red Bull Racing. On Bing: see pictures of the Infiniti Q50 Eau Rouge Infiniti Q50 review (2013 onwards) Although the Q50 Eau Rouge is only a concept, it hints strongly that we might see a production M3-rival launched by Infiniti in the near future.
Ford to enter 2014 Dakar with Mustang-engined Rangers
Tue, 30 Jul 2013Quick show of hands: how many people here would sell their car, their kidneys, their child for a Mustang-powered Ford Ranger? Sounds appealing, right? Well, keep the child.