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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.
Volkswagen XL1
Fri, 22 Feb 2013This, remarkably, is the production version of the Volkswagen XL1, the most fuel-efficient production car in the world, a car we'll see in Geneva in a little over a week. Barely changed from the concept version shown at the Qatar motor show two years ago, the production XL1 is the first production result of VW's 1-liter project – to design a car that uses less than 1l/100km (282.5mpg imperial) – that started with the lozenge-shaped, tandem-seat 2003 1L and the later L1 of 2009. The XL1 actually beats that by sipping just 0.9 liters with CO2 emissions of 21g/km.
Bentley: We will overcome resistance to diesel engines
Thu, 11 Aug 2011Bentley Diesel Engine - Bentley boss says it will happen We’re the first to admit that we are recent converts to the joys of a powerful diesel engine. But a Bentley Diesel seems perhaps a step too far. But according to Bentley boss, Wolfgang Durheimer, it’s not.