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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.

Aston Martin's Race plan

By Ben Pulman Motor Shows 17 October 2007 15:36 It’s only just over a week since Aston Martin was sold, but today it confirmed plans to race at Le Mans.The DBR9 will return to the famous La Sarthe circuit in June. Perhaps this was inevitable, since Aston’s new non-executive chairman is David Richards - the chairman of Prodrive, which develops the DBR9 and its FIA GT3-spec sister car, the DBRS9. The team will face a tough challenge, though, as the 24-hour Le Mans is the only race that Aston Martin Racing will compete in this year.

Surtees To Be Celebrated At Autosport International Show

HE MAY have missed out on a knighthood but John Surtees’ life in motorsport will be celebrated at the forthcoming Autosport International show. Marking the start of 50th anniversary celebrations of the British legend’s 1964 Formula One World Championship win, his title-winning Ferrari 158 leads a special display at the show, which runs from 9th to 12th of January at the National Exhibition Centre, Birmingham. After taking seven motorcycle Road Racing World Championships, Surtees became the first man to win world championships on both two and four wheels when he secured the 1964 title with Ferrari.