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New Freelander prices revealed

By Nathan Millward Motor Industry 20 September 2006 01:55 Land Rover's new Freelander is more powerful, refined, spacious – and pricier. The range will kick off at £20,935, and first deliveries are due in November. The new Freelander range is five-door only, and Land Rover is launching with the most potent engine versions: a 158bhp 2.2-litre diesel and a 229bhp 3.2-litre straight six petrol.

Ferrari F12 Berlinetta to be auctioned for Sandy victims

Ferrari is doing its part to help Hurricane Sandy victims by auctioning off the first F12 Berlinetta that will be sold on American soil. The base price of Ferrari's halo model is about $315,000. We'd expect this one to go for much more than that.

GM returning to leasing with luxury vehicles

General Motors will return to the leasing business focusing on luxury vehicles, but not on a broader basis, Vice Chairman Bob Lutz said. "We will get back into leasing, but we are not going to use massive subsidized leasing to drive volume because it's volume without profitability," Lutz said July 29 in an interview with Automotive News. "We'd rather sell less at higher profit than sell more at lower profit." Lutz said it still would make sense for GM to do more leasing on its luxury vehicles.