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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.

Skoda CITIGO launches with Stonehenge replica in London

The Skoda CitiGo – the Skoda version of the VW up! – launches this week in the UK with a replica Stonehenge made of scrap cars. It’s hard to come up with an original way of launching a new product, but Skoda have made a decent bash of it for the UK launch of the Skoda CitiGo – the Skoda version of the VW up!

Only bikers avoid commute stress, says study

MOTORCYCLES, scooters and mopeds are among the modes of transport least likely to affect your general wellbeing, according to a government travel survey. The Office for National Statistics released a report earlier this year examining the impact of commuting patterns on people’s levels of anxiety, happiness and satisfaction. For journeys up to 30 minutes there was no negative effect on levels of happiness or anxiety for those who rode a motorcycle, moped or scooter to work.