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GM returning to leasing with luxury vehicles
Thu, 30 Jul 2009General 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.
2013 Mazda 6 from £19,595: Paris 2012
Thu, 27 Sep 2012Prices for the 2013 Mazda6 have been revealed at the Paris Motor Show. Starts at £18.595 and on sale January 2013. The entry point for the new Mazda6 is the 143bhp 2.0 litre petrol in SE trim with a six-speed manual box which will set you back £18,595, rising to £28,045 for the top of the tree 2.2-litre 175ps Tourer Sport Auto Nav.
The Bloodhound SuperSonic Car is a rocket-powered land missle
Tue, 06 Nov 2012The ambitious British Bloodhound SuperSonic Car project took a significant step forward in the quest to raise the world's land speed record to 1,000 mph when the machine's main power unit—a spectacularly forceful rocket engine—was successfully test fired Oct. 3. The rocket is believed to be the largest designed in Europe in decades, and its 185-decible noise level is said to be many times louder than a Boeing 747 during takeoff.