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Next-generation Ford Transit dubbed taxi of the future

Ford introduced its redesigned 2014 Transit Taxi, which features increased passenger and cargo space, claimed “livery-duty durability,” and lower operating costs. The 2014 Transit comes with a new 2.5-liter four-cylinder gas engine and a six-speed automatic transmission. The transmission is expected to deliver best-in-class highway fuel economy.

Porsche 911 buyers flock to rare 24-month leases

Porsche is pushing 24-month leases for its 911 and is running a six-month lease pull-ahead incentive on all of its sports cars to offset a shortage of low-mileage used cars. This year, 22 percent of all 911 lessees have taken 24-month contracts rather than 36-month deals, says Michael Bartsch, COO of Porsche Cars North America. That compares with 10 percent before the push.

Lexus LF-CC promises an appealing Lexus IS: Paris 2012

Lexus has given their LF-CC Concept a public airing at the 2012 Paris Motor Show, a preview of the 2013 Lexus IS. The new Lexus GS has proved that Lexus can build a car with a green halo and offer it with styling that isn’t from the beige school of car design. And now the 2013 Lexus IS looks to be heading the same route.