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.

Eterniti Supercar teased – Porsche 911 Turbo based?

Eterniti Supercar Teased - with Porsche 911 Turbo underpinnings? We’re really not sure what to make of Eterniti Motors. They touted themselves as a new car company, yet all we’ve seen so far is the Gemballa-esque Eterniti Hemera, a titivated and be-jewelled Porsche Cayenne Turbo.

First Sight: BMW 3 Series

With the 7 Series of 2001, Z4 of 2002, X3, 5 and 6 Series of 2003, and 1 Series earlier this year, the current E46 3 Series is the last (X5 excepted) 'old school' BMW in production. These first official pictures show BMW's fifth generation E90 3 Series which replaces this car and completes the new design strategy for the main series BMW range under Design Director Chris Bangle. Now with a smaller sibling in the range, the 3 Series is no longer BMW's entry level car although it shares much of its platform with the 1 Series and it is expected to continue to account for about half of BMW's total sales.