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Logbook loans signal increasing debt risk

CONSUMERS who buy second-hand cars are at risk of unwittingly inheriting debts taken out by the previous owner that could end up with their vehicle being seized, Citizens' Advice is warning. The charity said one in five people who reported a problem to it about “logbook loans”, where a person places their car as security against a loan, ended up having their car repossessed – despite not being the one who borrowed the money. Citizens' Advice warned someone who buys a car which is still the subject of an outstanding logbook loan taken out by a previous owner could end up being chased for the debt – leaving them with the choice of making the repayments or having their vehicle repossessed.

2015 Chevrolet Corvette Z06 unleashed at Detroit Motor Show 2014

Hoist up your Stars & Stripes and crank up your Bruce Springsteen tunes, because the 2015 Chevrolet Corvette Z06 has finally broken cover at the 2014 Detroit Motor Show. This is a Chevrolet Corvette C7 Z06 like we've never seen before. And given that Chevrolet claims it's the "most track-capable Corvette in history", you may find it hard to keep up with it, too.

BAIC previews Concept 900 ahead of Shanghai reveal

BAIC will unveil its Concept 900 at this week's Shanghai auto show, previewed in three images. The Concept 900 sports sedan is the latest result of BAIC's ongoing collaboration with the Fioravanti-Eastone carrozeria following last year's C90L, first seen in Beijing. It has been created to indicate BAIC's future design language.