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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.

Audi does Vegas

Rupert Stadler, chairman of Audi AG, became only the third car company executive to deliver a keynote address at the Consumer Electronics Show, and he did it--as all the best Toastmasters do--by starting with a joke. “When I received the invitation to speak here this year, I thought: why don't I bring a nice example of an electronic device made by Audi,” said the chair. “Ladies and gentlemen, meet the Audi E-tron Spyder concept car.

New Range Rover Hybrid - the world's first premium diesel hybrid SUV

Land Rover has a history of boldly going where many cars dare not tread, but it's now venturing into virgin territory of its own, with the launch of the first hybrid Range Rover models. Order books for the Range Rover Hybrid and Range Rover Sport Hybrid will open when the new cars make their world debut at the 2013 Frankfurt Motor Show on September 10th, with the first deliveries taking place in early 2014. both cars emit just 169g/km CO2 and offer 44.1mpg