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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.

Ford Verve Sedan, F150 (2008): first official pictures

By Liz Turner Motor Shows 13 January 2008 18:48 The Mustang Bullitt GT is the cherry on top, not of a cake, but a pile of bread-and-butter products at Detroit that could save Ford. The Blue Oval has unveiled an all-new mighty F150, a four-door US version of the Fiesta-sized Verve concept seen at Frankfurt and a range of turbocharged direct-injection petrol engines, dubbed EcoBoost. Derrick Kuzak, group VP for global product development, told CAR Online that to truly reduce emissions you need a mass-production solution people can afford, and EcoBoost doesn’t need all the expensive and complex after-treatments for NOx and particulates needed by diesel to meet US regulations.

Audi expands use of diesel in U.S. lineup

Audi of America will begin offering 3.0-liter V6 diesel engines in the A8, A7 and A6 cars and the Q5 crossover beginning next year. The four TDI diesel-equipped models will make their debuts next week at the Los Angeles auto show. Audi already offers a diesel powerplant in the Q7 crossover but the 2013 model features an updated engine.