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Lexus sales up but Toyota's profits tumble

By Ben Whitworth Motor Industry 13 August 2008 13:25 With spiralling fuel prices, luxury off-roaders may be seen as the devil on wheels in the UK’s current cash-strapped economic climate – which would explain why last month saw a sharp drop in SUV sales at BMW, Audi and Mercedes. But not at Lexus. July 2008 sales of the company’s RX400h hybrid off-roader climbed 28 percent over the same period last year, rising from 223 to 285.

Virtually sit in the new Corvette Stingray

We're not sure how this awesome 360-degree look at the new Corvette interior flew under our radar for so long, but we're loving the full driver's view of the 2014 Stingray taken at the Chicago Auto Show. The massive improvements in the Corvette's interior are on full display, with the red leather and carbon-fiber accents adding just the right amount of Bad MoFo to what's an otherwise luxurious cockpit. Stay tuned: We're expecting to get our hands on the new Corvette this summer, and we'll bring you a full drive report as soon as we wipe the grins off our faces.

Christian von Koenigsegg talks Saab

Christian von Koenigsegg talks about the future of Saab in the video below But Christian is not a man who courts personal publicity. So it’s a sign of how important the Koenigsegg-Saab deal is to him – and The Koenigsegg Group – that he’s come out of the woodwork to talk about the Saab deal. We first reported that Koenigsegg were to buy Saab back in May when we heard the first rumblings that Saab had a Swedish suitor.