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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.

Game Changer? Ford has high hopes for its redesigned 2011 Explorer

Ford wants you to forget everything you know, or think you know, about its Explorer. The company has high hopes for its all-new SUV, and rightfully so. It's one of the most recognizable nameplates in the auto industry with, according to Ford, a 95 percent name-recognition rate.

Relaxed Elegance: Dana Point Concours d'Elegance is pure fun

Twenty-nine years ago, the event was called the Newport Beach Concours d'Elegance, and that title was on the tickets until 2010, when it was changed to the Dana Point Concours d'Elegance. That's fitting, as it's been held at the upscale St. Regis Monarch Beach Resort in tony Dana Point, Calif., for four years.