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Bentley returns to racing with Continental GT3 (2012)

Think of Bentley and you might immediately imagine weighty, vaguely sporting luxury cars. Think racing and Bentley, and a 1920’s Blower Bentley pounding around Brooklands might pop into your head. But Bentley is going to try and change that, taking the brand back to the race track with the new Continental GT3 racing car.

Toyota recalls 550,000 vehicles for steering issue

Toyota has recalled 550,000 vehicles around the globe for a potential defect that could impact steering capabilities. The fix involves a replacement for the crankshaft pulley on V6 engines. Toyota said if the problem isn’t corrected, the belt for the power steering could become detached from the pulley, making it tough to steer.

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.