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Walnut, California, US
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To thwart speculators, Lexus will lease, not sell, 500 LFAs
Mon, 23 Nov 2009Lexus 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.
Driving the Edison 2 Very Light Car 4.0
Fri, 19 Apr 2013Oliver Kuttner got into the alternative car business to make money. Or, more accurately, he got into it to win money. In 2010, the $5 million Progressive Insurance Automotive X Prize was up for grabs and Kuttner, a Charlottesville, Va., real estate developer and former IMSA/ALMS racer, won it with his single-cylinder-engined Very Light Car (“Lightweight Endeavors,” June 27, 2011).
Study: More likely to date millionaire than crash car
Mon, 15 Apr 2013You are less likely to be in a car accident on a 1,000-mile trip than you are to date a millionaire. Seem unbelievable? Esurance says it's true in an infographic it published recently that compares the odds of common driving mishaps, such as getting pulled over, to flipping a coin or pulling an ace out of a shuffled deck of cards.