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Ford opens online reservations for the 2012 Focus electric

People can now place their online orders for the 2012 Ford Focus electric, Ford's first all-electric passenger car. The electric Focus carries a base sticker price of $39,995 including shipping charges, but that price does not reflect any tax credits available. The electric Focus comes standard with MyFord Touch with an eight-inch touch screen, two 4.2-inch color LCD displays in the gauge cluster for EV monitoring screens, and the MyFord Mobile App for remotely monitoring the charge status of the lithium-ion battery.

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.

The best 14-plate new car deals

If you're in the market for a new car you'll probably know that the new 14-plate registration numbers come into effect on 1 March. The plate-change is likely to result in an increase in sales, and if you're planning to buy a new car soon it's essential that you head to the showroom or online broker site as well prepared as possible. To make the process easier we've lined up 10 of the best new cars on sale, and found the best deals, discounts and finance offers available.