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.

Bene! Meet the SRT Viper GTS Sons of Italy edition

It seems automakers will badge-engineer anything to create special editions that do little for the benefit of the brand or for society. That's not the case for this uniquely swathed SRT Viper GTS whose color and its reason for being are truly noteworthy. This bellissima beast was created to benefit the Sons of Italy Foundation, a cause near the heart of parent company Fiat.

Ford Mondeo new engines – detail and prices

The 2010 Ford Mondeo - new engines and a new 'box Back in February, in the run-up to this year’s Geneva Motor Show, Ford let us know that it was planning on fitting new engines to the Mondeo for 2010, including the new 2.0 litre turbo EcoBoost. And now we have full details – and the prices. The 2.0 litre EcoBoost boasts advanced combustion enabling it to offer more power for less emissions – and more frugally.