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Logbook loans signal increasing debt risk
Mon, 23 Jun 2014CONSUMERS 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.
Tesla debuts Model X electric crossover
Fri, 10 Feb 2012Months before its sleek Model S sedan is even in showrooms, Tesla has rolled out its AWD Model X sort-of-non-SUV, the vehicle to come after that. Cheering throngs of supporters at Tesla's Los Angeles Design and Engineering Building woot-woot-wooted. And?
Datsun gears up for supermini production – but it’s not coming here
Tue, 09 Jul 2013Nissan’s revival of the Datsun name kicks into first gear later this month with the official reveal of the reborn marque’s new supermini. The new Datsun, which will share components with the Nissan Micra, will be unveiled on 15 July 2013 in New Delhi, India , before going on sale across India, Indonesia, Russia and South Africa in 2014. What do we know about the new Datsun supermini?