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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.

Audi RS7 to lap Hockenheim – DRIVERLESS

Audi are taking an RS7 round Hockenheim completely autonomously Every car maker – from Mercedes to Volvo and Ford – is working hard to make autonomous driving a reality, and it looks like we’re just a few years away from seeing cars being driven by computers, with the driver relegated to passenger in many daily driving tasks. Now it’s Audi’s turn to demonstrate the progress they’re making with autonomous technology by taking an RS7 round the Grand Prix track at Hockenheim without a driver having control. It’s arguable that taking a driverless car round a track – even at race speed – is far less of a technological task than having a car running driverless through a cityscape with all its variables, but it’s an impressive demonstration nonetheless.

U.S. Mitsubishi dealers will get electric vehicles

Mitsubishi Motor Corp. will introduce a small electric car to sell at its U.S. dealerships.