Lumitec Caprera2 Led Floodlight (white/red) on 2040-parts.com

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.

Saab 9-3 ePower – First electric Saab revealed

The Saab 9-3 ePower - will spawn a 70 car test fleet fo electric Saabs It’s great to see Saab back doing what a car maker should be doing, instead of fighting for survival under the cosh of the big, bad Yanks. Sadly, Saab are doing what much of the car world is also doing; paying lip service to the concept of big electric cars. Oh, well.

New Porsche Cayenne (2010/2011) – it’s official

Porsche has released details of the 2010 / 2011 Cayenne We wrote the story on the 2010/2011 Porsche Cayenne starting to leak out of Stuttgart this morning, and commented that now photos of the new Cayenne are starting to surface it wouldn’t be long before Porsche got the official details to us. No sooner had we published that story than the official details from Porsche dropped in our inbox, complete with a new Cayenne photo gallery and even a new Cayenne video. You’re spoilt for choice.