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To thwart speculators, Lexus will lease, not sell, 500 LFAs

Lexus has a plan to head off speculators when its limited-edition LFA sports car goes on sale in January 2011. The company will offer only two-year leases for the $375,000 two-seater, said Brian Smith, vice president of sales and dealer development for Lexus division. Lexus will hang on to the vehicle's title.

Mini nears big sales record

BMW's Mini brand will reach an all-time sales record this year, BMW sales and marketing chief Ian Robertson said. BMW sold 132,000 Minis in the first half. "If you double the half-year total, you aren't far off results for the year," Robertson told Automotive News Europe.

Jaguar Heritage Racing heading for Goodwood Revival (+video)

Jaguar are taking their Heritage Racing cars to the Goodwood Revival this weekend, ending a successful first season of historic racing. This coming weekend sees the Goodwood Revival taking Sussex back in time, and Jaguar are taking their race-ready versions of the C-Type and D-Type from their Jaguar Heritage Racing team to add some sparkle to Goodwood and round off a successful first year of historic racing. Jaguar has already had plenty of success in their first year with the Heritage Racing outfit, with wins at the 2012 at Monaco Historique, Le Mans Classic and the Nürburgring AvD Oldtimer Grand Prix.