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Volvo V40 Cross Country (2012) first official pictures

Volvo is beefing up the V40 hatch with the new V40 Cross Country - a rough 'n' ready soft-roader to be shown at the 2012 Paris motor show. Ring any bells? Cast your mind back to 1997 and the release of the V70 Cross Country, to which the V40 Cross Country owes its existence. Volvo V40 Cross Country: 'all-road' performance The V40 Cross Country comes in front- or all-wheel drive formats, topped by the 2.5-litre T5 that’ll churn out 250bhp and pass 0-60mph in six seconds. A 40mm ride height increase is likely to limit on-road performance, but should come in handy should you need to traverse any troublesome countryside on the school run.

Dave McLellan to be a featured guest at the Corvette Funfest

Dave McLellan, who presided as chief engineer for the fourth-generation Chevrolet Corvette, will be a featured guest at parts-seller Mid America Motorworks' annual Corvette Funfest in September. The Funfest brings together 14,000 Corvettes and 45,000 Corvette enthusiasts over a three-day weekend at Mid America's campus in Effingham, Ill. The event includes seminars, entertainment and--of course--plenty of Corvettes.

FCA issues warning on logbook loans

VULNERABLE people who use their car as security to take out a loan are finding themselves squeezed even harder financially and even threatened, the City regulator has found. The Financial Conduct Authority warned it will put firms offering logbook loans out of action if they do not "dramatically" improve their standards, after finding evidence of poor behaviour including little or no affordability checks being carried out and some applicants being encouraged to manipulate details of their income. It said lenders are failing to properly spell out exactly how expensive such debts will be, with the true cost often masked by an emphasis on "low" weekly repayments and key terms and conditions buried in small print.