Volvo Leather Owners Manual Case Hand Book Case Oem Original Fast N Free Ship on 2040-parts.com

IDEA Institute acquired by Quantum Kapital

Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.

Mini and BMW M get new leaders

The overseer of BMW’s vaunted M division is taking another spin in the driver’s seat at Mini. Longtime company executive Kay Segler will take over stewardship of the iconic small-car brand on May 1. He previously led Mini from 2004 to 2008.

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.