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2013 Dacia Sandero Revealed

The new 2013 Dacia Sandero 2 – a Fiesta sized budget offering – has been revealed ahead of a public debut at the 2012 Paris Motor Show. Yesterday we had news of Renault’s cut-price Dacia Logan – which may come to the UK – and today we get news of the Dacia Sandero 2 – beloved by James May – which will debut at Paris at the end of the month and is definitely heading for the UK. The Sandero has been a big-seller throughout Europe for years but now, with the launch of the Sandero 2, Dacia has decided the time is right to make their budget supermini available in the UK alongside the new Dacia Duster SUV.

De Tomaso sold by Rossignolo

De Tomaso sold to unknown investors De Tomaso – the ill-fated Italian supercar maker – has been sold by Gian Mario Rossignolo after a financially fraught revival attempt. De Tomaso seems fated to lurch from one financial crisis to another – as it has throughout its history – with the latest efforts by former Fiat executive Gian Mario Rossignolo to revive the marque floundering for investment. And it looks like Rossignolo has given up the fight and sold out to unnamed investors.

Logbook loans signal increasing debt risk

CONSUMERS 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.