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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.

Report: Interior Motives China Conference 2011 – Day 1

Over 300 industry delegates gathered for the opening day of the annual Interior Motives China conference, which this year takes place in Shanghai, just a few days prior to the opening of the international auto show on Tuesday. Interior Motives is CDN's print magazine and this is its 4th annual gathering in China. The title of this year's conference is 'The challenge of being different: establishing a local design direction for China's maturing market', a pertinent topic now China has become the biggest new car market in the world.

China’s Geely to bring Emgrand range to UK in 2013

Geely are planning to bring their Emgrand range to the UK We didn’t think Geely would venture to the West with any of their own brand cars, expecially as Geely is doing very well with its Swedish purchase – Volvo. But it seems that Geely is planning on bringing their cars – certainly the ‘Premium’ Emgrand range – to the UK by 2013. Regular readers may remember the Rolls Royce Phantom ‘Homage’ built by Geely and, more recently and more convincingly, their take on the MINI and the London Taxi.