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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.

College Exhibition: Creapole MA Degree Show 2011

Creapole Design School – 'Ecole de Creation Management' as it refers to itself – has just held its annual Masters Week exhibition at its central Parisian premises. The focus of this year's show is 'intelligent technology', proposing alternative propulsion systems for the transport of tomorrow, from the urban to the aquatic, from the functional to the fictional. The challenge for these young designers is to take these new technologies and apply them in an attractive, meaningful and human way.

Bentley & Audi to share new V8 – the end of the W12?

The Bentley Continental GT V8 will share an engine with Audi When we reported on the reveal of the new 2011 Bentley Continental GT, we noted that Bentley had plans to launch a V8 version  of the Conti sometime next year. What we didn’t get was too much information from Bentley on the new V8, except the little nugget that the V8 going in to the Bentley would be Audi sourced. Which makes sense.