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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.

Hyundai i40 Estate revealed

The Hyundai i40 Estate - debuts at Geneva 2011. On sale May 2011 With companies like Ford moving towards a one-world car lineup, Hyundai’s direction with the new Hyundai Sonata/i45/i40 has been more than a little confusing. For Hyundai has decided that the Hyundai Sonata and the Hyundai i45 already revealed and launched around the world aren’t dynamic enough for the UK and Europe.

Caravans top list of summer's 'most-hated'

GETTING STUCK behind a caravan or tractor is the number one summer driving bugbear of motorists in the UK. This is closely followed by Bank Holiday queues and boy racers playing loud music in their cars. Drivers over 60 are more likely to get annoyed by caravans and tractors, boy racers and tailbacks compared to 18-29-year olds.