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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.

New Mercedes A Class advert with no mention of Mercedes – or A Class

Mercedes-Benz are launching an advert campaign for the new Mercedes A Class that features just an image and the hashtag – #NewGeneration. Traditional advertising dictates that you need to get your brand front and centre and end with strapline that states what’s on offer. But Mercedes are going a different route with the New A Class.

Alfa Romeo MiTo

This is Alfa Romeo's latest compact car, the MiTo. The new car draws its name from the abbreviations of two Italian cities: Milan, the city that brought the car's style into being, and Turin, which will be responsible for its industrial production. The first new Alfa Romeo to be built since the 8C Competizione, the MiTo borrows many characteristic element from its larger 'halo' sibling: the shape of the frameless side windows, the distinctive frontal treatment, the shape of the headlights and the LED tail lights.