10 Lexus Es351 Back Glass 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.

Jaguar slashes prices – in Australia

Jaguar has slashed prices across its range in Australia – by as much as £40,000 – as it fights for a bigger market share. But there’s also a feeling that all those years of protectionist import tariffs have inured Australians to the high price of luxury cars, and that car makers take advantage of that by keeping prices high, regardless of the level of taxes imposed on their products. That means something like a Rolls Royce Phantom costs £650k and a Porsche 911 starts at £150k.

Concept Car of the Week: Lancia Bertone Sibilo (1978)

The second half of the ‘70s saw automotive design fall into an era of uninspired and uninspiring economic cars finished with cheap plastic add-ons and stuffed with beige itchy fabrics. Working from the little Bertone studio in Turin, it seems Marcello Gandini didn't get the memo and carried on drawing futuristic wedgey supercars. With the Sibilo, he pushed his signature angular style to a new level of modernity.