Report: Chevrolet Cruze, Toyota Corolla lowest lease payments in May

The Chevrolet Cruze and Toyota Corolla sedans offered the lowest average monthly lease payments in May, according to records by Swapalease.com. On average, Chevy Cruze lessees paid just $214 per month, while average Toyota Corolla lessees paid $234. Records show the cheapest alternative fuel vehicle's lease is the Chevrolet Volt at $315.

VW 1L and electric Audi R8 (2009) leak early

By Tim Pollard First Official Pictures 14 September 2009 13:44 As usual, the embargos are tumbling ahead of the 2009 Frankfurt motor show – with photos of the new VW 1L concept car and electric Audi R8 spreading like wildfire. Both were supposed to be surprises held for a soirée on the eve of the show. Volkswagen’s 1L concept car is Wolfsburg’s latest incarnation of its cigar-shaped two-seater.

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.