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Logbook loans signal increasing debt risk
Mon, 23 Jun 2014CONSUMERS 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.
Coventry University MA Degree Show 2006
Fri, 15 Dec 2006MA students from UK's Coventry University Automotive Design course presented their annual MA degree exhibition earlier this month. The Show, entitled 'Icons', which this year revolved around the central theme of designing tomorrows automotive 'Icons', displayed the students' work at Coventry's Transport Museum. Patrick le Quement, Renault's senior vice president of Corporate Design presented the Corus Award for 'Best Vehicle Design', which was awarded to Dev O'Nion who won for his design concept 'Apto Sapor.' O'Nion's project - an interior design concept - was inspired by organic themes in nature - what he called 'Natural Design' - to create a harmonious interior; a blend of the natural, biological and technical.
Toyota to build Tesla-powered RAV4 EV in Canada
Sat, 06 Aug 2011Toyota RAV4 EV - Made in canada There was a bit of a kerfuffle last month when a Toyota man went on record to say that Toyota would not be making an electric RAV4 that you and I could buy and that instead the electric RAV4 would be “…focused on very strategic applications”. We took that to mean business fleets. But it soon transpired that the Toyota man - Toyota’s National Business Planning Manager – has not been speaking with the authority, and Toyota were quick to respond by saying “…2012 RAV4 EV will definitely be sold to the general public”.