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Tokyo Motor Show: Lexus RC Coupe
Wed, 20 Nov 2013JAPANESE car maker Lexus has unveiled a new two-door coupe at the Tokyo show. Designed to appeal to a broader range of customers than the usual Lexus buyer profile, the car has been shown with both petrol and petrol-electric hybrid power. Based on the look of the LF-LC concept first shown at the 2012 Detroit Motor Show, this car boasts a long, low-slung profile but with seats for four.
FCA issues warning on logbook loans
Fri, 06 Jun 2014VULNERABLE 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.
Volkswagen Passat (2011): the American one
Mon, 10 Jan 2011Volkswagen has unveiled the US version of the Passat at the 2011 Detroit auto show. VW’s European customers won’t be able to buy it, but will be interested in the price: despite being longer and wider than the car offered in Europe it will start from just £13,000 before taxes for a 168bhp five-cylinder petrol. The nearest petrol Passat costs £19,529 in the UK.