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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.

Bentley Mulsanne convertible concept debuts

Bentley will expand the Mulsanne lineup with a glitzy convertible version, previewed by a concept that debuted at Pebble Beach. The British droptop would likely share mechanical pieces with the coupe, meaning a twin-turbo 6.75-liter V8 making 505 hp and 752 lb-ft of torque paired with an eight-speed automatic and rear-wheel chassis. Technical specifications were not confirmed.

Breckland Beira

Norfolk-based Breckland - part of Hong Kong-based multi-national, Riche Holdings - will display a new hand-built, two-seat Beira roadster at the forthcoming London Motorexpo. Based GM's Kappa platform, the Beira features new front and rear body sections made from lightweight composites instead of steel. This not only enabled the creation of a distinctive nose section and pronounced fastback rear, but it also cut down on weight.