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Kia Motors appoints Peter Schreyer as President

Kia Motors has appointed the man who changed their design – former VW man Perter Schreyer – as President. When Peter Schreyer left VW in 2006 after a sparkling career that saw him establish the Audi design philosophy – still a hallmark of Audi design – to head up design at stodgy Kia, many in the industry thought it an odd move. But Peter Schreyer seemed keen to prove his worth after VW had passed him over to head up their new design studio, and Kia offered the prospect of turning a budget brand in to a mainstream force with cutting edge designs and, it would seem, a pretty free hand to do what it would take.

To thwart speculators, Lexus will lease, not sell, 500 LFAs

Lexus has a plan to head off speculators when its limited-edition LFA sports car goes on sale in January 2011. The company will offer only two-year leases for the $375,000 two-seater, said Brian Smith, vice president of sales and dealer development for Lexus division. Lexus will hang on to the vehicle's title.

Kia Pro_Cee’d GT Turbo teased

The Kia Pro Cee’d GT – complete with the 1.6 litre petrol turbo from the Veloster with 200bhp – is being teased by Kia. We reported last month that Kia are planning to put the 200bhp, 1.6 litre Turbo from the Hyundai Veloster in to the new Pro_cee’d three door to create a hot little coupe, and now Kia has caught up with that news with the first tease for the Pro_cee’d GT. It’s probably best to take the teaser photo of the Pro_cee’d GT with a pinch of salt – it’s a typically extreme rendering of the car we’ll actually get – but it does demonstrate that Kia want to differentiate the Pro_cee’d GT from the more prosaic models.