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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.

Who's Where: John Puskar and Liz Wetzel appointed to new roles at GM Design

As part of an ongoing strategy at General Motors, this past month has seen a series of moves taking place within the company's design organization in Europe and the US. Two of the key changes have been the appointment of John Puskar to the role of Director of Cross-Brand Strategy, C&T and Components in North America, and that of Liz Wetzel, who has been named Director of GME Design Interior – effectively filling Puskar's role. Puskar, who until recently headed the Opel/Vauxhall Interior Design at the European Design Center in Russelsheim, Germany, majored in Industrial Design at the Cleveland Institute of Art and worked at Ford in both the USA and Germany before joining General Motors as a creative designer at the GMC Brand Center in 1999.

Porsche 911 GT3 R hybrid back to racing in 2012

Porsche will return to the track in 2012 with the third generation of its rolling laboratory, the 911 GT3 R hybrid. The company continues to push its technology, noting its future in the sport. “There is no way around the hybrid technology in motorsport,” said Wolfgang Hatz, board member for research and development.