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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.

Ferrari puts the interior of the 458 Italia on display in new photos

We still have good vibes from the first photos of the new Ferrari 458 Italia, which were released a month ago. So we're happy to get more photos of the new Ferrari in advance of its rollout in Frankfurt next month. This new batch of photos gives us a first look at the 458 Italia's interior.

Richard Hammond’s Nova heads to Beaulieu

Ever thought car museums were lacking abused Vauxhall Novas? No, us neither – but Richard Hammond’s Nova SRi from Top Gear’s recent retro hot hatch challenge is heading to the National Motor Museum at Beaulieu. It joins the likes of the Hovervan from the last series, as well as the indestructible Toyota Hilux in the World of Top Gear.