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Real UK car sales ‘have halved’ in November 2008

By Tim Pollard Motor Industry 02 December 2008 09:58 The United Kingdom’s car market is in freefall, CAR has learned. Although official registration figures won’t be released until later this week, we can reveal that retail sales slumped by 45% in November 2008. It’s a crucial metric, retail registrations being actual sales to real people – as opposed to bulk-buy fleet deals to businesses (which are also down).

Volvo V40 (2012) first official pictures

This is the all-new Volvo V40, the Swedish car company’s latest rival to the Ford Focus, VW Golf et al. It will be officially unveiled at the 2012 Geneva motor show next month. Volvo is being particularly bullish about the prospects of its new V40, with Volvo president and CEO Stefan Jacoby claiming the new model ‘will give our toughest competitors a headache’.

General Motors fires back at Volkswagen

General Motors issued a terse response this week to published comments by Volkswagen CEO Martin Winterkorn, who suggested to the German press that Opel could be sold to a Chinese competitor. Detroit-based GM called Winterkorn's comments “regrettable” and accused him of “fanning speculation.” Opel was nearly sold to Magna and Russian investors in the wake of GM's 2009 bankruptcy. But then-CEO Ed Whitacre and the corporate board reversed that decision, igniting controversy from German political and labor leaders who have long chafed under American oversight.