Richmond Quick Change Gear Set 58-0021-1 on 2040-parts.com

Volvo S60 saloon (2010) unveiled

This is the new Volvo S60, and it’s the latest attempt by the Swedish safety-mongers to snatch a share of the small executive saloon market that’s dominated by the 3-series, A4 and C-class. Volvo has only released two exterior photos of the new S60 – we’ll see the interior closer to the car’s Geneva motor show unveil in March 2010 – as it wants to highlight the new car’s design. Under now-departed design chief Steve Mattin, the S60 has been created as the car that will start the differentiation of Volvo design and break the one-size-fits-all focus.

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.

Maybach coupe set for limited production

German-based engineering specialist Xenatec has announced plans for an exclusive new Maybach coupe to rival the Bentley Brooklands and the Rolls-Royce Phantom Drophead Coupe. The new two-door, which will ride on the same underpinnings and draw power from the same engine as the Maybach 57S, is planned to be built in a limited run of 100 cars at the company’s workshop in Weinsberg, Germany, all with the blessing of Maybach parent company, Daimler. Daimler has carefully followed the car’s development and will supply built-up 57S chassis from its nearby Sindelfingen-based manufacturing headquarters.