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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.

Lexus takes Gen XY on a 'Dark Ride'

Lexus' small CT 200h hybrid won't go on sale until February, but a short online movie called Dark Ride is already promoting the vehicle and reaching out to younger buyers. Lexus and its ad agency, Skinny, aim to generate excitement among consumers 16 to 44 -- known as Gen XY. That demographic is a far cry from the median age of Lexus' owners -- 57.

Lamborghini Gallardo LP 570-4 Squadra Corse. It’s the final, final Gallardo. Probably.

Lamborghini Gallardo LP 570-4 Squadra Corse (pictured) will debut at Frankfurt We did think Lamborghini had come to the end of the road with the Gallardo ahead of an all new Gallardo arriving in 2014, but they have one more trick up their sleeves to milk the last drop out of the most successful car in Lamborghini’s history – the Gallardo LP 570-4 Squadra Corse. The Squadra Corse is, in effect, a road-going version of the tgrack Super Trofeo – as was the Blancpain and the Gallardo LP570-4 Super Trofeo Stradale – but this looks certain to be the last of the Gallardos. The Squadra Corse gets plenty of input from the Super Trofeo, with a carbon fibre rear wing, carbon ceramic brakes and a carbon fibre, removable, engine cover.