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GM returning to leasing with luxury vehicles
Thu, 30 Jul 2009General 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.
Caterham RST-V8 Levante (2008): first official pictures
Tue, 26 Feb 2008By Mark Nichol First Official Pictures 26 February 2008 12:51 This is the Caterham RST-V8 Levante, an example of what happens when a chirpy British sports car turns over to the dark side. The Levante is the work of RS Performance, which has taken an SV chassis, stuffed a 2.4-litre supercharged V8 into the front and coated the lot in swathes of carbon fibre. The result is 550bhp in a chassis weighing little over 500kg.
CDN-GM competition: Phase 1 now closed
Fri, 07 Sep 2012Back to school. Not most students' favorite time of year, signaling both the end of summer and a return to the long days of lectures and long nights of sketching. This year, however, it also means a chance to win one of five internships, including housing, at GM's Warren, MI design studio courtesy of the GM Interactive Design Competition 2012 – if you got your entry in on time!