Castle X Racewear Beanie Hat Flip-it Yellow on 2040-parts.com

Fiat and Chrysler get in to bed together

Before Christmas the CEO of Fiat was reported as saying that he believed that the current malaise in the car market (and any other market, for that matter) would result in the rationalisation of the industry, and see just a handful of big players come out the other side. His words now seem prescient, as it has been announced today that Fiat and Chrysler have effectively entered in to a partnership. Fiat takes a 35% stake in Chrysler The partnership, with Fiat taking 35% of Chrysler, means a number of benefits for both companies.

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.

Acura ILX concept

The luxury compact sedan is set to launch later this year, representing a move by Acura into the compact premium class for the first time in order to attract younger buyers into Honda's upmarket range. The car features a slimmer version of the Acura shield grille and lamps that are cut into by the bumper surface. In profile, the ILX's silhouette, DLO, and rear door shut line are reminiscent of the Lexus IS, but Acura's rising feature line, which forms a visual muscle over the rear wheel (despite front-wheel drive architecture) adds a level of distinction.