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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.

2015 Hyundai i20 INTERIOR revealed

2015 Hyundai i20 INTERIOR revealed Hyundai has already had two bites at the cherry with the reveal of the new 2015 i20 – first with some design sketches and then an almost complete reveal ten days later – but now they’ve finally finished the reveal (and had three lots of column inches for the price of one) with more details and the first interior photos. Hyundai say the new i20′s interior is colourful and comfortable, and they look to have worked on pushing the i20′s interior closer to that of German rivals. Plenty of premium soft-touch materials make the interior a nicer place to be – and to touch – and colour blocks are used to help create an air of spaciousness.

Richard Petty's second Spring Fling car show set for Memorial Day weekend

Richard “The King” Petty and Petty's Garage will hold its second-annual Spring Fling Car Show on May 26 at the shop in Randleman, N.C. The show is open to all makes and models and is sponsored by the Automotive Lift Institute. This event, which includes a cruise-in on Friday night, is free to the public.