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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.

Jaguar XE S revealed in Jaguar’s ‘Feel XE’ Project launch

Jaguar XE S revealed in Jaguar’s ‘Feel XE’ Project launch Jaguar Land Rover has taken to the ‘celebrity launch’ with a vengeance in recent years, enlisting a wide range of faces from Victoria Beckham (and David in China) to Daniel Craig by way of Lana del Rey and a bunch of acting villains. And they’re at it again with the new Jaguar XE. Jaguar has launched their FEEL XE marketing campaign for the XE today, ahead of its debut in London on 8 September, and are putting the talented Emeli Sandé at the front, although there will also be appearances by Stella McCartney and Idris Elba as the XE campaign progresses.

Porsche names new motorsports chief for North America

Jens Walther has been named president and CEO of Porsche Motorsport North America, the automaker said Friday. Walther, 41, will take over for Paul Ritchie, who has retired. Walther managed Porsche’s One-Make Cup program before his appointment.