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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.

Ford Mondeo/Fusion unveiled at 2012 Detroit show

Ford unveiled its new 2013 Mondeo at the Detroit auto show - the new Mondeo is in fact now a Fusion in Euro drag. Under the One Ford rules, most major car projects are in fact global affairs, so the Mondeo follows in the footsteps of the Focus, also unveiled in Detroit two years ago and brought to Europe a year later. We'll have a similarly long wait for the Ford Fusion to make the leap to the European Mondeo, with a launch slated for spring 2013.

Audi A1 e-tron detail – it’s a Wankel-Electric

The latest Audi e-tron - the Audi A1 e-tron Early yesterday we reported that Audi were to bring the third iteration of their e-tron concepts to the Geneva Motor Show – the Audi A1 e-tron. Which makes a lot more sense than trying to make an electric car in to some sort of niche electric supercar, which seemed to be Audi’s aim with the R8 e-tron and the R4 e-tron. Small, urban cars are the only really practical place for an electric car to flourish, and the Audi A1 is a very sensible place to be with the e-tron project.