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2012 Jeep Compass and Patriot to be recalled for fuel-tank problem

Chrysler is recalling nearly 1,700 all-wheel-drive-equipped 2012 Jeep Patriot and 2012 Jeep Compass SUVs for a possible defect in the fuel system. In certain affected vehicles, a valve designed to prevent fuel leakage in the event of a rollover can leak. This is due to damage sustained in testing at the facility where they were manufactured.

Hyundai ix20 (2010) first official teaser sketch

Hyundai is the latest car manufacturer to join the mini-MPV party, with the upcoming ix20, and ahead of its preview at the Paris motor show at the end of this month, the Korean company has released this teaser sketch. Designed and developed at Hyundai’s European research and development centre in Rüsselsheim, Germany, the ix20 is essentially Hyundai’s version of sister firm Kia’s Venga.  Hyundai would have you believe it’s a little bit of both – the ‘ix’ moniker has been chosen to suggest its cross-over like capability. The Korean manufacturer says the ix20 is ‘a vehicle with the ability to simultaneously serve as a functional people-carrier while providing a dynamic, fun-to-drive experience’; the Venga has shown that it’s a capable and competent, if unexciting, small MPV.

First Lamborghini Huracans making £30k premiums

Lamborghini Huracan (pictured) fethcing premiums of up to £30k Tim Marlow, Director of Magnitude Finance, has revealed that two of their clients are amongst the first UK buyers due to get their car, and despite financing the purchase they’ve already decided to flip their car as soon as it arrives for a quick return. One has already secured a £27k premium for the car – which he won’t even bother to drive before he sells it on – and the expectation is that premiums could hit £30k in the first months after the Huracan arrives, such is demand for Lamborghini’s new supercar. But with UK dealers expecting just 4 cars each in 2014 (although Lamborghini London are getting a few more) those buyers who got in quick for an early delivery are sitting on a near 20 per cent profit as the less organised seek to get behind the wheel.