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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.

Hyundai ix35 FCEV production starts – & previews the ix35 facelift?

Hyundai has started production of the ix35 Fuel Cell Electric Vehicle which perhaps previews the facelift for the ix35. We revealed last year that Hyundai were pushing ahead with their hydrogen fuel cell cars (and eschewing battery EVs in the process) with plans to start rolling the Hyundai ix35 FCEV off the production line by the end of 2012. That plan slipped just a little, but the first ix35 FCEV has now rolled of the production line in Korea (pictured above) as Hyundai work towards full scale production of the ix35 FCEV by 2015.

New Ford F-series prototypes spied testing

A pair of completely camouflaged trucks spied testing near the Ford headquarters in Dearborn, Mich. prove that the Blue Oval is definitely hard at work on its next generation F-series pickup headed our way in 2015. Beyond that, it's all speculation.