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SSC Ultimate Aero II (2011) – First Photos

The SSC Ultimate Aero II (pics thanks to Jalopnik) The car world may have been in melt down for the last year or three, but some things are beyond recession. Ultimate hypercars is one, and it seems there are as many uber-wealthy people on the planet who are willing and able to indulge their desires for the best there can be as ever. Of course, we’re talking minuscule numbers of people to make the whole hypercar circus work.

McLaren P12 hypercar confirmed for Paris debut

McLaren has confirmed its new flagship model, code-named P12, will make its world debut at the Paris motor show, the first time the company has attended an auto show in its recent history. The announcement was accompanied by a teaser image of the car that appears to feature an unusually low scuttle height and a glass canopy. First impressions suggest it may offer some respite from the current crop of rather uneventful-looking supercars.

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.