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Toyota to end Camry imports from Japan

Toyota Motor Corp. plans to halt exports of the Japan-made Camry sedan to North America following the launch of the redesigned version this fall. The phase out of imported Camrys, which currently account for just a sliver of U.S.

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.

UK car market slumps to 'worst since 1966'

Britain's new-car market is nosediving. Purveyors of big expensive cars – like Porsche – are experiencing that sinking feeling By Tim Pollard Motor Industry 05 September 2008 07:07 Credit crunch, spiralling oil prices, fragile consumer confidence... It's small wonder that the UK's car market is in turmoil.