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New options make Prius pricey

High-tech features and luxury options will push the redesigned Toyota Prius into new territory--namely, $30,000-plus. The 2010 Prius hybrid will offer options found on luxury cars: systems that automatically park the car in a parallel parking space and slow the vehicle when a crash is likely. But Toyota is aware of a new competitor--the 2010 Honda Insight, a hybrid that is a little smaller and expected to be less expensive than the Prius.

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.

Mazda Furai concept: first official pictures

By Ben Pulman First Official Pictures 09 January 2008 09:37 The new Furai is designed to blend the boundaries between road cars and race cars, according to Mazda. The Japanese company claims that on any given weekend there are more Mazdas and Mazda-powered cars pounding the racetracks of the USA than of any other make. And to celebrate this, and 40 years of the rotary engine, Mazda has given us the Furai concept.