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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.

Europe trailing on ESP safety

NOT ENOUGH new cars in Europe are being specified with an electronic stability programme (ESP) that is proved to be most important safety system in prevent collisions. Research by Frost and Sullivan has found Europe is lagging behind North America, where there is almost 100% success with fitting news cars with ESP. Despite ESP being included in the European New Car Assessment Programme since 2011, the study shows there has been only a minimal increase in the number of cars sold that have ESP.

Jaguar XKR-S GT (2013) first official pictures

This is the new top dog of the Jaguar XK family: the XKR-S GT. Built to celebrate 25 years of Jaguar ‘R’ models, the road-legal GT carries a host of track-focused modifications: there’s carbon aerodynamic aids, chassis tweaks, and the promise of a sub-7min 40sec Nurburgring lap time. A regular XKR-S manages 7min 50sec around the 'Ring in comparison.