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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.

Mitsubishi Concept PX-MiEV (w/ Gallery)

Mitsubishi Motors has revealed that it will be showing a total of 16 cars at the 2009 Tokyo Motor Show, one of which being this PX-MiEV plug-in crossover concept. According to the Japanese automaker, solid, safety and simple were the keywords which drove the development of its exterior design, and Mitsubishi is keen to imbue this next-generation crossover with a simple appearance. All extraneous elements have been pared, so the design is free of 'rugged' elements typical in conventional SUVs.

Bugatti Galibier: 2013 launch – but you knew that

Bugatti Galibier will be built Well, I’ll go to the foot of our stairs, as my dad would have said. The Bugatti Galibier is going to get built and arrive in 2013. No less a source than Bloomberg says so.