Lexus launches 'Design Matters' campaign

Lexus has hosted an event called ‘Design Matters' in New York City, as part of a new strategy to showcase the brand's commitment to design. Toyota's global president Akio Toyoda attended the event along with Mark Templin, executive vice president of Lexus International, who said, "Lexus is expanding as a global company and we need to speak to a broad global audience. There's no better way to do that than through design." Templin used the event to announce its other design-related campaigns.

Revenge Design GTM-R is revealed at the Detroit auto show

File this under the eye-candy department at the Detroit Auto Show. An Indiana company named Revenge Designs Inc. unveiled at $145,000 supercar Monday that's fitted with a slew of General Motors parts, including the vaunted LS7 V8 rated at 505 hp and 470 lb-ft of torque.

Sales enthusiasm? Sports-car and luxury brands show strong market gains

Count Porsche among enthusiast and luxury brands enjoying huge sales gains this year. Sales for the German automaker are up 29 percent so far this year-one of the largest increases in the industry. Almost one-third of Porsche's total sales came from the four-door Panamera.