1990 Chevrolet Camaro Ls1 Motor on 2040-parts.com

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.

Monterey video: A closer look at the 1957 Ferrari 410 SuperAmerica Series II

Take a closer look at Chris LaPorte's 1957 Ferrari 410 SuperAmerica Series II, which was honored for its unrestored condition at the Quail on the Monterey Peninsula. The Monterey Week is packed with car shows, vintage racing and car auctions. Autoweek will be there providing streaming photo galleries and live coverage of the Pebble Beach Concours d’Elegance, historic racing at Laguna Seca, the Monterey car auctions and much more.

McLaren P1 driven by Top Gear’s Jeremy Clarkson (video)

McLaren P1 driven by Top Gear’s Jeremy Clarkson (pictured) It’s only a few days since McLaren revealed the first customer P1s are now rolling out of McLaren’s clinical production facility in Woking, and it looks like Jeremy Clarkson has bagged one to play with. The video (below) shows Clarkson behind the wheel of the new P1 which, judging by the number plate, is probably one of the first customer cars on the road. The opinionated one is preceded in the video by a pair of Range Rovers – one new, one old – at least one of which is a camera car, so this drive of the Mclaren P1 is obviously heading for a TV screen soon – hopefully on Top Gear.