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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.

Art Center College of Design Spring Show 2007

Art Center College of Design in Pasadena, California, held its Spring semester graduation Show in April, showcasing a diverse assortment of design proposals for brands ranging from Lamborghini and Ferrari to Chevrolet, Saab and ZhongHua. The show featured work from 16 graduating students in the Bachelor of Science - Transportation Design program.  Rick Chen - ZhongHua 2+1 Urban Jet ZhongHua 2+1 Urban Jet is a unique concept vehicle that studies the possible future direction for the brand's design DNA. The vehicle's proportions, forms, and graphics are inspired by clean, elegant, and soft spoken classical Chinese designs that represent an Asian view of luxury.

Ford and Toyota gain, Hyundai soars as industry sees strength

Ford Motor Co. and Toyota Motor Corp. posted slight U.S.