Range Rover Evoque by Project Kahn Arrives – minus Cosworth tweaks

Range Rover Evoque by Project Kahn Project Kahn has revealed their take on the Range Rover Evoque, with a cosmetic treatment but no Cosworth power boost. Over a year ago – before the Range Rover Evoque started to hit the roads – Bradford car customiser Project Kahn revealed their take on the Evoque complete with unspecified Cosworth power upgrades. But that idea seems not to have borne fruit, and instead we get an Evoque from Kahn with a purely cosmetic take on Land Rover’s new baby.

McLaren turns the corner, posts first profits

By Tim Pollard Motor Industry 04 June 2014 10:48 McLaren Automotive today announced it had broken even for the first time in its brief three-year history, posting a £4.5 million pre-tax profit in 2013. It's great news for the young supercar brand, which until now has lost money every year. McLaren's turnover was £285m, up from £267 in 2012, as it increased production towards its long-term goal of 4000 cars a year.

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.