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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.

Jaguar XFR-S Sportbrake for Geneva debut

This leaked photo seems to be a new Jaguar XFR-S Sportbrake It seems Ian Callum was right all along about an XFR Sportbrake – it now looks like Jaguar are about to go one step further than an XFR Estate with a Full Monty Jaguar XFR-S Sportbrake. When Jaguar revealed the XF Sportbrake two years ago they said there would be no four-wheel-drive variants and no XFR Sportbrake either (even though Ian Callum said in 2011 there would be an XFR Sportbrake), so for the last two yeare we’ve had just diesel engine options for the XF Sportbrake. But not for much longer it would seem.

Dacia won’t build a car smaller than the Sandero

The Dacia Sandero (pictured) will remain Dacia’s smallest model In austere times, budget buys sell. Which is why Dacia is having so much success with its compact Sandero and Duster SUV. With prices on the Sandero starting at just £5,995 and Duster SUV prices as little as £8,995 (although you’ll have to pay £10,995 for a 4WD version), car buyers are buying Dacias as quickly as Renault can build them, with sales in a European market that shrank by 7 per cent last year up by 18 per cent to 90,000 cars for Dacia.