GM will launch 60-day money-back guarantee

General Motors Co. is taking a page from the retail industry with its latest marketing blitz in an effort sell more cars: a 60-day money-back guarantee. The initiative--unorthodox for an automaker--starts Monday and covers 2009 and 2010 model-year cars from GM's surviving brands, Chevrolet, Cadillac, Buick and GMC.

India turns the screw on luxury car makers

Land Rover will still be sending CKD to India despite the rise in import duty India’s economy is growing almost exponentially, as a result of which it has a big, rising middle-class with much the same aspirations as the middle-class in the West. Those aspirations include the accumulation of status symbols considered worthy of representing their success and new wealth, none more so than a good set of wheels. So it’s no surprise that the mainstream luxury car makers – Jaguar, Land Rover, Mercedes, Audi and BMW – are ready, willing and able to provide exactly what India’s middles classes are looking for.

One of one: unique 1,000hp Lotec Mercedes supercar for sale

Think the 1,000hp Bugatti Veyron was groundbreaking? What if we told you there was a Mercedes-Benz supercar with the same power output back in 1995 – a decade earlier than the Bugatti – and one that also claimed a higher top speed? Meet the Lotec C1000.