Stri Xs5201a-e 52mm X Line-xs Imperial Boost (elec) Gauge on 2040-parts.com

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.

Chancellor to ‘freeze fuel duty’ until 2015?

The chancellor of the exchequer, George Osborne, has announced that fuel duty will be frozen until 2015 – if the savings can be found to pay for it. The announcement came during a speech at the Conservative party conference, in which George Osborne said: “Provided we can find the savings to pay for it, I want to freeze fuel duty for the rest of this parliament.” The 2p-a-litre rise planned by the Labour government for September 2014 would be cancelled, continuing a freeze that has lasted two-and-a-half years already. But this is conditional on the treasury finding the funds to cover it.

The Designers, Pt5 – Richard Chung, Johnson Controls

Car Design News launched its first-ever Car Design Review yearbook at the Geneva Motor Show, featuring the award-winning Production Car and Concept Car Designs of 2013. If you're interested in buying a copy of the 160-page yearbook this interview appears in, alongside trend reports, bespoke car design infographics and a special feature on Marcello Gandini, our inaugural Lifetime Achievement Award winner, Car Design Review can be purchased here. Name Richard ChungRole VP industrial design & craftsmanship, Johnson ControlsAge,nationality 51, USLocation Shanghai, ChinaEducation Art Center College of Design "What I'm most proud of is our staff.