Pair Of 1970 Mecury Cougar Tail Light Brake Lights 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.

Earle stays with Monterey Historics for another year

Maybe the 2010 Historics won't be so different after all. Last week, the day after the Monterey Historics concluded, founder and producer Steve Earle announced that he and his company, General Racing, would no longer be producing that well-loved event. But on Thursday, in an interesting change, Mazda Raceway Laguna Seca announced that Earle will be one of five selection-committee members planning next year's Monterey Historics race.

Subaru XV and Coupe 'to double UK sales'

Subaru will launch a trio of new models in the next year to shore up flagging UK sales. The new XV and new sports car will expand the UK Subaru range by 50% and put the malnourished brand back on the map, the UK's managing director told CAR. The new Subaru XV is a Nissan Qashqai rival and will change little from the concept car shown at the 2011 Shanghai auto show.