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Money woes may keep Converj from market

General Motors' tight finances may hold the automaker back from building a production version of the Cadillac Converj concept car. GM revealed the coupe, which would use the same technology as the Chevrolet Volt plug-in hybrid, last week at the auto show here. GM designed the Converj so the production version--if it ever happens--will look "exactly like this," says Bob Lutz, GM's vice chairman of global product development.

New Mercedes A-Class Price & Model lineup announced

Mercedes-Benz has revealed the model linup and prices for the new (2013) A-Class. Starts at £18,945 for the  A180 BlueEFFICIENCY. The new Mercedes A-Class has been promising a lot since it was first officially revealed at the Geneva Motor Show in March, and it looks like that promise is going to be reinforced by some surprisingly keen pricing.

Porsche 911 buyers flock to rare 24-month leases

Porsche is pushing 24-month leases for its 911 and is running a six-month lease pull-ahead incentive on all of its sports cars to offset a shortage of low-mileage used cars. This year, 22 percent of all 911 lessees have taken 24-month contracts rather than 36-month deals, says Michael Bartsch, COO of Porsche Cars North America. That compares with 10 percent before the push.