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Porsche launches brand new Macan compact SUV

PORSCHE has unveiled its new Macan compact SUV, which has been tipped to take its sector by storm. At 4.68 metres long and 1.92 metres wide, the smaller brother to the hugely successful Cayenne is a considerably more manageable size than its full-size sibling, as well as being more affordable and still packed with performance. Two closely-related turbocharged petrol engines are being touted by Porsche as the initial flagship powerplants.

Two new Hyundai transmissions boost mpg

Hyundai will introduce dual-clutch and continuously variable transmissions to models for the United States as early as next year as it seeks to become a leader in fuel efficiency, a top executive says. This will be the first application of a dual-clutch transmission for Hyundai. The transmission--which uses two clutches to shift a manual gearbox as if it were an automatic--is more efficient than either a traditional manual or automatic gearbox.

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.