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Capitol Hill notebook: Obama defends autos, Akerson defends the Chevrolet Volt

Less than 10 hours after President Barack Obama wrapped up his third State of the Union address, manufacturing and automobiles continued to command the spotlight on Wednesday in Washington. The day began with General Motors CEO Dan Akerson defending the Chevrolet Volt before a U.S. House committee hearing, saying he didn't want it to become a "political punching bag," according to testimony provided by the company.

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.

New Qoros at Geneva 2014 – looks like a Crossover/SUV

New Qoros at Geneva 2014 – looks like a Crossover/SUV Chinese car maker Qoros – hoping to make inroads in to the European market with its Qoros 3 saloon – is heading for the Geneva Motor Show in March with a new model, teased today in a pair of photos. Qoros’s first production model – the Qoros 3 – arrived in production guise at Geneva this year as a convincing – if generic -looking – four-door saloon, which we did think an odd route to go to break in to Europe. But the next Qoros – previewed here in a couple of teaser photos – looks to be a production version of the Qoros Cross Hybrid Concept Qoros showed at Geneva and a much better route to grabbing a slice of Europe’s car sales.