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Honda F1 is sold – unofficial

The rumour-mill (surprise, surprise) has been working overtime on the precarious state of the Honda F1 team. We knew there were a few contenders, with the money and the expertise, vying for the team, but its seemed that Prodrive’s boss David Richards was in pole position. Seems not.

Suzuki Grand Vitara Facelift revealed

Suzuki in Japan has revealed a facelifted version of the Escudo in Japan, better known in Europe as the Suzuki Grand Vitara. The Suzuki Grand Vitara has been with us since the dinosaurs ruled the earth. Well, it certainly seems that long and the Vitara was pretty much in at the start of the sales phenomenon that is the compact SUV.

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.