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To thwart speculators, Lexus will lease, not sell, 500 LFAs

Lexus has a plan to head off speculators when its limited-edition LFA sports car goes on sale in January 2011. The company will offer only two-year leases for the $375,000 two-seater, said Brian Smith, vice president of sales and dealer development for Lexus division. Lexus will hang on to the vehicle's title.

Codemasters extends game agreement with Formula One

Codemasters will continue as makers of the Formula One video game, the company said on Tuesday. It extended its deal with F1 honcho Bernie Ecclestone and friends and will work to expand the F1 video-game line across new platforms and to new audiences in the coming years. Codemasters was founded in 1986 by game-designing brothers Richard and David Darling.

Kia teases Chicago-bound Cross GT concept

Kia has revealed a sneek peek of its Cross GT Concept ahead of its unveiling at the Chicago auto show. The carmaker has said that the Cross GT Concept "hints at the future of Kia's design language in the form of a premium Crossover Utility Vehicle (CUV) that is larger than the new 2014 Sorento." Although the render provides only a limited view, the front end features slim, swept back lamps that flank Kia's signature grille. A jutting chin and coupe-esque roofline add the requisite crossover mashup elements.