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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.

Nimbus e-Car: the eco camper of the future

Following on from the super-cute Porsche-alike Carice Mk1electric car we brought you recently, today we have news of a futuristic family adventure car that might just rival the Carice for sheer "awwwww". Meet the Nimbus e-Car concept. It’s like a Volkswagen Transporter Kombi for the hippies of 2020.

Ford Iosis X concept

With an abundance of small SUVs entering the European market, Ford has been conspicuously absent from this segment, something that the Iosis X will hope to quell. Using the same 'kinetic design' theme as the Iosis concept from last year, the Iosis X puts a coupe-like window graphic and roofline upon thick sills, similar in this respect to the Opel Antara concept. But while Opel will have their model on the road imminently, those wanting the Ford equivalent will have to wait until early 2008 for the forms to be toned down and put in showrooms.