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Ford, GM post biggest drops, industry sales slump continues

Ford Motor Co. and General Motors posted the sharpest sales declines among major automakers as the industry headed toward its sixth straight monthly drop of more than 30 percent. Ford's March sales fell 42.1 percent and GM's were down 44.7 percent, for its fifth decline of more than 40 percent in the past six months.

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.

C'est si bon: Mullin Automotive Museum celebrates the best of the Art Deco era

The French supposedly have a word for everything, but we couldn't muster any in English let alone the remnants of high school language lab upon first entering the new Mullin Automotive Museum in Oxnard, Calif., just west of Los Angeles. All we could do was grin giddily at the sparkling array of Bugattis, Voisins, Delages, Delahayes and other unique examples of French automotive masterpieces from the 1920s and 1930s in an exhibition hall evocative of the salon that housed the 1936 Paris motor show and similar exposition halls of the Art Deco era. The collection is an immersion into the excitement and optimism of Art Deco design, especially in terms of automotive design.