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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.

Volvo Chief Designer reinterprets classic P1800

Christopher Benjamin, Chief Designer at Volvo's Monitoring and Concept Center in the US, has penned his vision of a future P1800 as part of Volvo's half-centenary celebrations for the car. Unveiled during the #SwedeSpeak Twitter chat, Benjamin presented this future vision of the iconic sports car. Volvo states that Benjamin is a true admirer of the original P1800 and that these images are what he feels a modern-day interpretation could look like.

Local Motors 'Design Our Car' competition opens

Local Motors has opened its first-ever ‘Design Our Car' competition, which encourages collaboration within the manufacturing community. The open-source automaker is providing two of its Rally Fighter cars, one of which will be built at the company's micro-factory in Arizona while the other will be built live in the Emerging Technology Center at September's International Manufacturing Technology Show (IMTS) in Chicago. Ideas from the design and engineering community are being sought to help design and select a skin for the Rally Fighter that will be built by the Local Motors team this spring.