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BMW X4 Confirmed

BMW X4 Sketch There’s been talk about producing a little brother for the BMW X6 since… well, since the BMW X6 turned from a ‘They’ll never build that’ to ‘The’y'll never sell that ‘ to ‘Blimey, that’s selling well’. And with the world seemingly obsessed by frugality, smaller versions of successful models are inevitable. We last brought news on the BMW X4 in April when our sources were telling us that BMW were close to signing off production of the X4.

SUV owners to pay more for parking

SUV drivers should get ready to pay more at the parking lot, especially in big cities. MarketWatch reported on Wednesday that parking lots are going the way of airplane luggage: Bigger means more expensive. The report found that Manhattan garages charge $10-$15 more per day for oversized vehicles.

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.