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Disney and Pixar announce 'Cars 3'

Variety is reporting that Pixar will introduce a third chapter to the "Cars" franchise, the company's second trilogy behind "Toy Story." It will join a long-awaited sequel to "The Incredibles," written by Brad Bird, a sequel to "Finding Nemo," and a sequel to "Planes" called "Planes: Fire and Rescue." That one will come out this year, on July 18. The first "Cars" was something magical, a love letter from car guy John Lasseter to the insular world of car enthusiasts. The second "Cars" sold over $2 billion in merchandise and was a massive commercial success.

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.

Porsche 911 GT3 RSR (2008): first official pictures

By Tim Pollard First Official Pictures 13 February 2008 11:42 Porsche today unveils a new, more powerful version of its 911 racer. The GT3 RSR competes in GT2 long-distance races, including Le Mans, Spa and the 24-hour Nurburgring event and will benefit from new aero aids and engineering tweaks. Additional front ‘flicks’ spoilers are added to the front apron and extra air ducts pepper the steel bodywork, while the huge rear wing is carried over from last year’s racer.