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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.

Million Dollar Fiat: 1953 Zagato Fiat 8V Elaborata

Fiat's first, and only, V8 engine debuted at the 1952 Geneva Auto Show powering a sleek two-seater intended to dominate Ferrari, Maserati and Lancia in two-liter sports-car racing. The car was designated the 8V, or Otto Vu in Italian, because Fiat had mistakenly thought that Ford held a trademark on V8. Fiat's legendary design engineer Dante Giacosa mounted the upper portions of a pair of 70-degree V4 engines on a single crankcase to make the 1996-cc, OHV V8.

NO Jaguar SUV says Ian Callum

NO Jaguar SUV says Ian Callum Jaguar design boss Ian Callum has stated that Jaguar are NOT planning an SUV but could build a crossover. Ever since Jaguar’s Brand Director Adrian Hallmark said that Jaguar needed a crossover there’s been much speculation (from Cars UK just as much as elsewhere, we confess) that a Jaguar SUV is in the planning, despite Land Rover’s pre-eminence in the field. But it looks like we should have listened more carefully to Adrian Hallmark, who actually said Jaguar “…need a crossover and we need to stop being a saloon-based company.” We all leapt on the ‘stop being a saloon-based company’ bit as confirmation an SUV is planned when Adrian actually meant a crossover and not a full-blown SUV.