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97% of UK Lexus sold in 2014 will be hybrids

Speaking during the European launch of the new Lexus GS300h – the new entry-level hybrid in the executive GS range – Lexus UK director, Richard Balshaw, revealed that 97% of all Lexus sold in the UK next year are likely to be hybrids. The GS300h’s deputy chief engineer, Yukihiro Kito, als confirmed to MSN Cars that the return of diesel-powered Lexus vehicles is unlikely to happen any time soon – if at all. On Bing: see pictures of Lexus hybrids Find out how much a used Lexus costs on Auto Trader According to Kito-san, diesel just does not make sense for Lexus given the markets the company is chiefly competitive in, which is to say the USA and Asia.

A look at BMW future products

BMW and Toyota have agreed to work on a sports car, fuel cells, electric-vehicle components and lightweight materials. The agreement underlined BMW's determination to make its new i electric-vehicle subbrand a success. It has built a special showroom for i vehicles in London and will do the same at its company-owned New York City dealership.

General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept

General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...