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Scrappage helps UK car sales in October
Thu, 05 Nov 2009Scrappage Scheme sales accounted for 20% of sales in October Despite our reservations about the Scrappage Scheme, it does seem that it has inspired buyers in to showrooms in the last few months. And October has recorded a year on year increase of 31.6%, although total car sales are still down over 12% on 2008 figures. October saw a big rise in new cars sales to private buyers with sales rocketing by 86%, and there were rises in the fleet and business market.
Senate releases $350 billion more in bailout money
Fri, 16 Jan 2009The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.
England's first motorway pub set to open
Mon, 20 Jan 2014The British motorway network has a history of firsts. The first motorway was famously the eight-mile stretch of Preston bypass, which opened on the 5 December 1958. Then came the first motorway services at Watford Gap in November 1959.
