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OFFICIAL: Alfa Romeo 4C laps the Nurburgring in 8:04s

The Alfa Romeo 4C (pictured) laps the Nurburgring in 8:04s We wouldn’t normally report on a car lapping the Nurburgring in around 8 minutes; after all, the Nurburgring lap record for a full production car is sub-7 minutes, so 8 minutes seems almost a stroll. But the lap time round the Nurburgring for the Alfa Romeo 4C is worthy of note because it’s a new lap record for a production car with less than 250bhp, and puts the Alfa 4C very much on the map as a performance car. We’d heard rumours a few weeks ago that Horst von Saurma has managed the impressive time in the 4C round the Nurburgring, but Alfa has now confirmed the time – with the 4C shod with road-legal Pirelli Zero Trofeo tyres – was completed on 23rd September 2013.

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.

Peugeot 208 T16 ready for 2013 Pikes Peak assault

Peugeot is set to take on the infamous Pikes Peak hillclimb in Colorado, USA in this 875bhp 208, driven by nine-time WRC champion Sébastien Loeb. The team behind the 208 T16 Pikes peak has released this video showing Loeb shaking down the monster 208 on French mountain roads, ahead of the 2013 Pikes Peak event on 30 June. The car uses a mid-mounted twin-turbo petrol V6 to develop 875bhp.