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Lotus Evora Freddie Mercury Edition. Yes, really

Lotus Evora Freddie Mercury Edition We really weren’t too sure when we got a press release drop in that said “Another Lotus Bites The Dust…” and then went on to say that Lotus are building a one-off Lotus Evora S Freddie Mercury Edition to be auctioned for the Mercury Phoenix Trust. We thought it was a spoof. We decided it was almost certainly a spoof when the press release went on to say that the Freddie Mercury Edition Evora “…represents a kind of magic” and that the white, red and gold colour scheme was “…inspired by the iconic costume Freddie wore for the 1986 Magic tour”.

Ferrari and watchmaker Hublot ink long-term deal

Saturday under cloudy Florentine skies, Ferrari president Luca Cordero di Montezemolo and Jean-Claude Biver, CEO of Hublot S.A., arrived at Autodromo Internazionale del Mugello, the practice track for Scuderia Ferrari, to make an announcement bright with promise: For the third time since its founding, Ferrari will enter into a long-term timepiece collaboration, this go-around with Hublot. The freshly inked five-year partnership technically commences in January, but both Montezemolo and Biver were almost giddy of Saturday's announcement and indicated that prototypes were under way. Officially Hublot will be the “watch and timekeeper of Ferrari,” as well as the “timekeeper of Scuderia Ferrari,” the company's racing arm.

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.