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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.

Dodge to gatecrash Fiesta party

By Phil McNamara Motor Industry 30 July 2006 01:40 American brand Dodge is plotting a small hatch to take on Ford's Fiesta, with sales likely in 2008. Chrysler Group is in talks with three potential partners, to share a chassis for the baby Dodge. Chrysler boss Tom LaSorda told CAR Online that talks were ongoing with car makers from 'western Europea and Asia', and that he would make a decision on the project by the end of 2006.

2015 Honda Pilot line to get SE trim

Honda is spicing up its 2015 Pilot line by adding a model between the EX and EX-L trim levels. The LX model starts at $30,700--a bump of $200 over the previous year--and the two-wheel-drive SE model starts at $33,950. The eight-passenger Pilot SE comes with pewter gray aluminum-alloy wheels, SE badging, a one-touch moonroof, satellite radio and a DVD player.